$FIDA /USDT ― Trading Signal in Recovery mode

FIDA has bounced almost +18 % this week, moving from a June low near $0.065 to a current price of $0.082 and printing a series of higher lows on the chart. Momentum has swung back to the bulls after last week’s consolidation, but the pair is now approaching the mid-range of a broader $0.056 – $0.098 trading box.

⚡️ Long setup

Look for bids on a modest pull-back.

ParameterLevelEntry zone$0.079 – $0.080 (20-EMA retest)Stop-loss$0.073 (below key support cluster) Take-Profit 1$0.088 (recent swing high)Take-Profit 2$0.098 (primary resistance) Take-Profit 3$0.123 (0.618 fib extension / former breakdown level)

Rationale: RSI has flipped above 50 and the 50-EMA is curling up, suggesting fresh upward momentum. A close above $0.088 would confirm continuation toward the $0.098 resistance ceiling.

🩳 Short setup

Fade a rejection into the higher supply zone.

ParameterLevelEntry zone$0.096 – $0.098 (overhead supply)Stop-loss$0.102 (invalidates breakout attempt)Take-Profit 1$0.088 (former swing high)Take-Profit 2$0.082 (current spot price / mid-range)Take-Profit 3$0.074 (major support band)

Rationale: The 4-h technical summary is still neutral; without clear volume expansion, a failure to close above $0.098 could trigger profit-taking back toward the mid-range.

Breakout confirmation: Only adds above $0.098 on strong volume convert the broader structure from range-bound to bullish.

Risk management: Position size for high beta; a 1-2 % portfolio risk per trade is recommended.