$FDUSD /USDC – FALSE BREAKOUT & BEARISH REJECTION
PRICE FAILS TO SUSTAIN ABOVE MOVING AVERAGES
DOWNWARD PRESSURE RETURNS NEAR 0.9986 ZONE
$FDUSD shows signs of rejection after a weak recovery. Price failed to hold above the MA cluster (7, 25, 99), forming a sharp bearish candle from local highs. Momentum is tilting bearish again, suggesting a likely retest of recent lows.
🔴 Short Trade Setup
Entry Zone: $0.9982 – $0.9984
Take Profit (TP): $0.9980
Stop Loss (SL): $0.9986
Market Outlook:
Volatility remains minimal but structure favors bears. Breakdown below $0.9981 would validate the setup further.
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