$FIDA Rebound or Rejection? Make-or-Break Moment at Key Resistance
$FIDA has jumped over +20% in the last 24 hours, reclaiming the $0.0820 level. After spiking into resistance near $0.0840, price is now consolidating in a tight range — a breakout or breakdown is likely around the corner.
Key Levels to Watch:
• Resistance: $0.0840 – A breakout here could re-ignite bullish momentum.
• Support: $0.0800 – Holding this level is critical for bulls to stay in control.
• Lower Support: $0.0780 – Losing this zone could trigger deeper selling pressure.
Trade Setup – Play Both Sides Smartly
Bullish Scenario
If $FIDA breaks and closes above $0.0840, it could aim for:
• First target: $0.0865
• Extended target: $0.0888
Bearish Scenario
Failure to hold $0.0800 may lead to:
• First support test: $0.0780
• Further downside: $0.0750
Volume remains strong, but momentum is stalling near resistance. Traders should stay alert for confirmation before entering – this is a classic squeeze zone setup.