$FDUSD /USDT BEARISH SIGNAL TRIGGERED
REJECTION FROM $0.9984 RESISTANCE š»
BEARISH CANDLE FORMATION WITH HIGH VOLUME š
RANGE COMPRESSION WITH DOWNSIDE BIAS ā ļø
$FDUSD is showing signs of weakness after multiple failed attempts to hold above the $0.9980 zone. The 4H chart displays a sharp rejection candle followed by increasing red volume, suggesting potential for further downside within its narrow trading range.
š“ SHORT TRADE SETUP
Entry Zone: $0.9976 ā $0.9980
Take Profit (TP): $0.9970 / $0.9962
Stop Loss (SL): $0.9986
Market Outlook:
Although FDUSD is a stablecoin, minor fluctuations can present scalp trading opportunities. Breakdown of the $0.9972 level could see a move toward deeper support zones.
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