$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.

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