$FIDA Bulls Pushing Higher: Breakout Brewing or Bull Trap at $0.1250?
FIDA is trading at $0.1242, up 6.88%, holding strong after a healthy climb from the $0.1127 low. Price is currently consolidating just under a key resistance near $0.1250, suggesting a breakout may be on the table—or a rejection could follow swiftly.
Key Levels to Watch
• Resistance Zone: $0.1245 – $0.1265
A clean breakout above this range could target:
• Target 1: $0.1290
• Target 2: $0.1320 (24h High)
• Support Zone: $0.1225 – $0.1200
Breakdown below this zone could pressure price toward:
• Target 1: $0.1170
• Target 2: $0.1127
Trade Setup – Watch for Confirmation
• Bullish Entry: Break and hold above $0.1265 with strong volume
• Target 1: $0.1290
• Target 2: $0.1320
• Bearish Entry: Drop below $0.1200 with increasing sell pressure
• Target 1: $0.1170
• Target 2: $0.1127
Final Take:
FIDA is showing signs of strength but faces a critical decision zone. If buyers can break through $0.1265, the rally may extend fast. However, failure to hold $0.1225 could lead to a fade. This tight setup demands close attention—next move could be explosive.