$FIDA USDT BEARISH REVERSAL ā BULLS LOSING CONTROL QUICKLY š»
FIDA/USDT surged to a high of 0.0852 but has failed to sustain above it, retracing back to 0.0804. The current price action on the 15m chart shows continuous lower highs and lower lows, suggesting weakening bullish momentum and potential continuation downwards.
š¹ Trade Setup (SHORT):
Entry: 0.0800 ā 0.0810
Targets:
TP1: 0.0780
TP2: 0.0760
TP3: 0.0735
Stop Loss: 0.0830
š Short Market Outlook:
FIDA is showing a bearish structure with declining volume after the peak. Unless price reclaims above 0.0830, bears are likely to maintain pressure towards lower support levels in the next sessions.
š Risk Management:
Use a strict stop loss and take partial profits at each target to protect against sudden reversals in volatility.