$FIDA – Strong Reversal, But Now at Key Resistance!

#FIDA surprised with a sharp bounce from $0.05216 to $0.08315, marking a solid +58% move within hours. But here’s the catch: it’s now facing crucial resistance zones on higher timeframes.

⚡ 15Mins Chart – Momentum Cooling

$FIDA pumped from $0.0647 to $0.0831, then cooled to $0.0765.

🟡 MA7 ($0.0768) and MA25 ($0.0779) crossed down, signaling short-term loss of momentum.

Holding above MA99 ($0.0702) & MA200 ($0.0685) keeps bullish structure intact for now.

📅 1 Day Chart – Testing MA99 Rejection

Price tapped MA99 at $0.0779 and got rejected – a typical reaction at strong trendline resistance.

⚠️ MA200 sits high at $0.1318, meaning long-term downtrend still active.

But bullish signal: strong daily candle broke above MA7 ($0.0679) & MA25 ($0.0659) — first step toward reversal.

🔍 Key Levels

Resistance: $0.078–$0.0843 → watch for rejection or breakout confirmation.

Support: $0.070–$0.072 → crucial for trend continuation.

Break and hold above MA99 (Daily) could open next leg to $0.095–$0.105.

Conclusion : This looks like a highly speculative bounce, possibly news-driven or whale-induced. Unless $FIDA reclaims and holds above $0.078+, any rally may be short-lived.

Watch how price reacts near MA99 on the daily — that’s the deciding zone for bulls.