🔻 $FIDA /USDT Rejection Alert — Bearish Shift in Play
$FIDA has dropped to $0.0739 (-6.69%) after a sharp rejection from the key resistance zone near $0.0800. The long upper wick and red engulfing candle suggest exhaustion at the top, hinting at a possible corrective move ahead.
📉 Key Observations:
• Strong resistance at $0.0800 rejected price twice
• Bearish engulfing candle forming below resistance
• Support zones sit around $0.0650 and $0.0593
🎯 Bearish Targets (TPs):
• TP1: $0.0685
• TP2: $0.0640
• TP3: $0.0595
🛡 Stop Loss: $0.0805
⚠️ Short-term correction likely if downward momentum holds — watch for volume drop confirmation.
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