📉 FDUSD/USDC Testing Key EMA Support – Will It Hold or Crack?
Stability or Slip? Eyes on This Crucial 4H Level!
$FDUSD is hovering near its 99 EMA on the 4H chart at $0.9984, with all major EMAs (7/25/99) converging – a sign of compression before a possible sharp move.
📍 Current Price: $0.9984
🔻 Support Zone: $0.9973 – Recent swing low
🔼 Resistance Levels:
🎯 Target 1: $0.9990 – Intraday high
🎯 Target 2: $1.0000 – Key psychological level
🎯 Target 3: $1.0005 – Potential breakout zone
🛑 Stop Loss: Below $0.9970
🔔 A bounce from here could lead to a clean recovery — but failure to hold might bring another dip. Watch closely!