š» $FIDA /USDT Rejection Alert ā Bearish Shift in Play
$FIDA has dropped to $0.0739 (-6.69%) after a sharp rejection from the key resistance zone near $0.0800. The long upper wick and red engulfing candle suggest exhaustion at the top, hinting at a possible corrective move ahead.
š Key Observations:
⢠Strong resistance at $0.0800 rejected price twice
⢠Bearish engulfing candle forming below resistance
⢠Support zones sit around $0.0650 and $0.0593
šÆ Bearish Targets (TPs):
⢠TP1: $0.0685
⢠TP2: $0.0640
⢠TP3: $0.0595
š” Stop Loss: $0.0805
ā ļø Short-term correction likely if downward momentum holds ā watch for volume drop confirmation.
#FIDA #CryptoSellSignal #BearishSetup #BinanceAnalysis #AltcoinCorrection