$FIDA 💪 🚀 STRONG UPWARD TREND 🚀
📊 FIDA/USDT Snapshot
Current Price: $0.0657
24h Volume: $1.54 million
Market Type: Low-cap, high-volatility
Trend: Range-bound with mild bullish signs on lower timeframes (15m–1h)
Chart Overview & Technical Analysis
Chart Pattern: Descending Wedge Breakout Setup (bullish bias)
Resistance Levels:
Short-Term: $0.0685
Mid-Term: $0.0710
Support Levels:
Immediate: $0.0635
Strong: $0.0600
🔧 Indicators
RSI (1h): ~51 (Neutral, room for upward move)
MACD: Near a bullish crossover (momentum buildup)
Volume: Gradually increasing — sign of interest return
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📈 Short-Term Trading Strategy (Scalp/Swing: 1–3 Days)
🟢 Scenario 1: Breakout Entry
Entry: On confirmed 1H candle close above $0.0685
Target 1: $0.0710
Target 2: $0.0745
Stop-Loss: $0.0630
R/R Ratio: 2.5+
🟡 Scenario 2: Support Bounce
Entry: Buy dip near $0.0635–$0.0640
TP1: $0.0675
TP2: $0.070
SL: $0.0605
Condition: Bullish confirmation via price rejection wick + RSI > 45
⚠️ Disclaimer
> This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile. Always DYOR (Do Your Own Research), use stop-losses, and manage your capital wisely.
🧠 Final Take
FIDA is shaping up for a short-term breakout, but confirmation is crucial. It can reward quick scalpers if volume continues to rise, especially above $0.0685. Dip buys near $0.0635 are worth watching closely with tight risk management.