$FIDA At a Pivotal Crossroad: Bounce or Breakdown?
$FIDA is trading at $0.0810 with a modest +5.33% daily gain. After a swift retracement from its local high, the coin is hovering near a key support. The next few candles could dictate the short-term trend.
Chart Summary
Current Price: $0.0810
24H Range: $0.0760 – $0.0852
Volume: 64.10M (reasonable, but needs a spike for momentum confirmation)
Key Resistance Levels to Watch
• $0.0820 – Short-term breakout line
• $0.0830 – Mid-range hurdle
• $0.0835 – Recent high, decisive close above may trigger a run
Support Zone
• $0.0800 – Key demand level
• Below this, $0.0780 and $0.0760 come into play
Possible Trade Scenarios
Bullish Setup
• Entry: Break and close above $0.0820
• Target 1: $0.0835
• Target 2: $0.0850
• Stop: Below $0.0800
Bearish Setup
• Entry: Break below $0.0800
• Target 1: $0.0780
• Target 2: $0.0760
• Stop: Above $0.0820
$FIDA is balancing on critical support. Watch closely—if buyers reclaim $0.0820 with volume, we may see a sharp reversal. If not, sellers might drag it down for a retest of lower zones. Stay alert and play the breakout or breakdown.