🚀 $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.
