Halal Crypto Redar
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Bullish
USDT BULLISH BREAKOUT – IS $FIDA READY FOR THE NEXT LEG UP?
$FIDA is showing renewed strength with a +13.54% move, currently trading around $0.0731 after hitting $0.0835. Price action is consolidating just under the mid Bollinger Band ($0.0781), suggesting accumulation before a potential breakout.
Resistance: 0.0807 (Upper BB), 0.0835 (Recent High)
Support: 0.0754 (Lower BB), 0.0721 (Previous Base)
💹 Long Trade Setup
Entry Zone: $0.0750 – $0.0765
TP1: $0.0780
TP2: $0.0805
TP3: $0.0830
Stop Loss: $0.0735
📊 Market Outlook:
With bullish volume and steady momentum, a break above $0.0781 could trigger the next push. Watch for a bullish engulfing candle or breakout with volume confirmation.
Why Halal?
$FIDA is considered permissible as it provides real utility through its naming service and exchange functions. It avoids interest and gambling, and the token has a clear role in governance and fee payments. Speculative trading doesn’t affect its permissibility since real asset ownership and utility are involved.
⚠️ Risk Management:
Use tight stops just below support. Risk only 1–2% of your capital per trade to manage volatility
$FIDA is showing renewed strength with a +13.54% move, currently trading around $0.0731 after hitting $0.0835. Price action is consolidating just under the mid Bollinger Band ($0.0781), suggesting accumulation before a potential breakout.
Resistance: 0.0807 (Upper BB), 0.0835 (Recent High)
Support: 0.0754 (Lower BB), 0.0721 (Previous Base)
💹 Long Trade Setup
Entry Zone: $0.0750 – $0.0765
TP1: $0.0780
TP2: $0.0805
TP3: $0.0830
Stop Loss: $0.0735
📊 Market Outlook:
With bullish volume and steady momentum, a break above $0.0781 could trigger the next push. Watch for a bullish engulfing candle or breakout with volume confirmation.
Why Halal?
$FIDA is considered permissible as it provides real utility through its naming service and exchange functions. It avoids interest and gambling, and the token has a clear role in governance and fee payments. Speculative trading doesn’t affect its permissibility since real asset ownership and utility are involved.
⚠️ Risk Management:
Use tight stops just below support. Risk only 1–2% of your capital per trade to manage volatility
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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