$FIDA
- The test has been redone, and the rebound has begun
Support is confirmed at the 0.1190 area
Bullish traders defend the price structure in anticipation of the possibility of a rise
The $FIDA USDT pair shows signs of strength after a clear decline to the previous support level. The price has tested the 0.1190 level several times and is now forming a potential reversal candle on the 30-minute chart. A breakout above the 0.1198 level may drive the move towards the target of 0.1338.
Entry for a buy position: 0.1198
Target: 0.1338
Stop loss: 0.1159
Staying above the 0.1190 level maintains the bullish price structure. Momentum is expected to build if the price exceeds the immediate resistance level.