$FIDA
USDT BULLISH BREAKOUT – BUYERS READY TO DOMINATE
FIDA has broken out strongly above recent consolidation, indicating renewed bullish momentum. Buyers are stepping in aggressively, suggesting potential for further upside if this momentum sustains.
🔑 Key Levels
Resistance: 0.0720 – 0.0735
Support: 0.0680 – 0.0650
Current Price: 0.0708
📈 Trade Setup
Position: Long
Entry Zone: 0.0700 – 0.0710
Targets:
➡️ TP1: 0.0720
➡️ TP2: 0.0735
➡️ TP3: 0.0750
Stop Loss: Below 0.0680
🌐 Market Outlook
The hourly trend shows a strong bullish engulfing candle breaking previous resistance, indicating momentum continuation towards the next resistance zone near 0.0735+. If price sustains above 0.0700, expect buyers to push higher. A fall below 0.0680 may invalidate the setup and shift momentum back towards 0.0650.
⚠️ Risk Management
Always risk only 1-2% of your capital per trade. Wait for entry confirmations within the zone to avoid chasing spikes and adjust stop loss to entry once TP1 is achieved to secure profits.
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buy and trade here on $FIDA