Analysis date: May 12, 2025
Price at the time of publication: $0.1086
Daily change percentage: +0.38%
Highest price today: $0.1121
Lowest price today: $0.0766
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📢 The most important news:
The FIDA token, associated with the Solana Name Service, is witnessing increased interest following the launch of the new SNS project that restructures the tokenomics and stimulates the Solana ecosystem through modern digital identity management.
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📊 Technical analysis:
Current support: $0.09
Next resistance: $0.12
RSI (Relative Strength Index): 65 (indicating a close proximity to the overbought zone)
MACD: Continuous positive crossover, indicating the possibility of continued upward momentum
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✅ Positive factors and opportunities:
Launch of the new SNS project with a restructuring of the tokenomics
A notable increase in trading volume
Growing interest from the community and investors
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⚠️ Risks:
High volatility in the market may affect the price
The currency still relies more on momentum than on an actual project
Any selling pressure may lead to a rapid decline
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📌 My personal opinion:
For traders: You can enter if the next resistance is broken firmly, placing a stop loss below $0.09 and a close target at $0.12
For investors: It is preferable to wait to monitor the daily close and the price stabilizing above $0.11 at least before making an entry decision
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