$FIDA /USDT — Bullish Breakout Attempt After Long Downtrend
1️⃣ Trend Shift Attempt:
FIDA is showing signs of strength after months of downward pressure. The price has broken above MA 7 and MA 25, and is now approaching the 99-day MA at $0.078, a key level to watch for confirmation.
2️⃣ Support Levels:
$0.065 → Short-term support (MA 7)
$0.060 → Local breakout base
$0.050 → Psychological support
3️⃣ Resistance Levels:
$0.078 → 99-day MA and key breakout barrier
$0.090 → Previous lower high from early May
$0.120+ → Strong resistance zone from Q1
If bulls push above $0.078 with volume, it could signal a mid-term trend reversal. Otherwise, rejection may lead to another retest of lower supports.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!