š $FIDA /USDT Drifting Lower ā But Support Zone Holding Strong
$FIDA is trading at $0.0606 (-0.98%), sitting just below short-term EMAs (7, 25, and 99), with a 24h range between $0.0597ā$0.0628. The volume remains decent at 16.87M FIDA, suggesting active participation despite sideways price action.
The tight compression under EMA(99) hints at a potential squeeze ā any move above $0.0628 could trigger a quick upside.
š Trade Setup (Support Bounce Strategy):
⢠Entry: $0.0606
⢠TP1: $0.0625
⢠TP2: $0.0640
⢠TP3: $0.0665
⢠Stop Loss: $0.0592
š”ļø FIDA is holding near key support. A bounce is possible ā but wait for confirmation above the EMA cluster for stronger conviction.