🔥 $FIDA Unleashes Another Massive Reversal! Long-Term Targets in Sight! 🔥🚀
Bonfida $FIDA is showing another strong reversal, currently trading at $0.1172 with a significant gain of +25.89% on the 3d timeframe. This follows the bullish momentum seen in XVG . If this reversal continues and breaks the immediate resistance, we could see a move towards longer-term targets, potentially influenced by the overall market sentiment and the performance of assets like FTT and ETH.
✅ Strong Reversal Underway:
#FIDA is exhibiting strong bullish momentum, indicating a potential trend change.
Potential Long Targets (Long-Term, based on 3d chart analysis and market context):
🎯 $0.1200 (immediate resistance - 24h high)
🎯 $0.1500 - $0.1800 (potential mid-term resistance zone)
🎯 $0.2500 - $0.3000 (potential longer-term resistance zone, observing previous price action on the 3d chart)
🎯 Higher targets possible depending on overall market recovery and altcoin season. Keep an eye on the performance of $FTT and $ETH as potential indicators of broader market strength.
🛡️Immediate Resistance Level (needs to be broken for further upside):
🛡️ ~$0.1200 (24h high and near-term resistance)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.1000 (near-term support)
🛡️ $0.0800 (further support level)
🛑 Valuable Stop Loss (for long position if resistance breaks):
To manage risk effectively after a confirmed break above $0.1200, consider placing a stop loss **below the $0.1100 level**. This provides a buffer against a potential false breakout and protects your position. Monitor the broader market, including $FTT and $ETH, for any signs of weakening bullish momentum.
Buy and trade here on $FIDA
