$FIDA /USDT:

Trend Reversal Confirmed—Momentum Building Up! 🟢

Current Price: $0.1180

Timeframe: 4H Chart

Key Observations:

Breakout from Downtrend:

FIDA has broken out of a multi-month descending channel. This signals the beginning of a potential new bullish trend.

Golden Cross Forming:

The MA 20 and MA 50 are crossing over the MA 200, a classic bullish sign that often triggers fresh buying.

Volume Spike:

The latest move is backed by a significant volume increase, suggesting institutional interest or whale accumulation.

Previous Resistance Flipped:

The $0.10–$0.11 area was a tough resistance for months. Now it’s turning into support, opening the door for higher targets.

Targets:

Target 1: $0.13 (first local resistance test)

Target 2: $0.16 (macro range midpoint)

Target 3: $0.22 🏁 (Full bullish extension, major structural resistance)

Support Zone:

$0.10–$0.11 is now the key support range.

As long as FIDA holds above this zone, the bullish structure remains intact.

Summary:

FIDA has officially shifted from accumulation to breakout mode.

If this momentum continues, the path toward $0.22 is realistic in the coming weeks.

Pullbacks are likely, but bulls are in control for now. 🐂

⚠️ DYOR – Do Your Own Research. This is not financial advice