$FIDA / USDT – Long Setup 🔄📉🔁📈

(Fading the Range Low — Bounce Back Toward Midrange Expected)

🧭 Quick Market Snapshot

Entry Price: $0.0724

Market Mood: Rangebound chop with low-end sweep and bounce

Range Low: $0.0710

Range High: $0.0775

Key Signal: Price sweep below support followed by fast recovery wick + bullish RSI divergence on 15m

🎯 Ideal Entry Zone

$0.0720 – $0.0725

(Bottom of the range sweep – confirmation candle near $0.0722 adds conviction)

🎯 Profit Targets + Reasons

TP1: $0.0740 (+2.2%)

Range midline – typically hit quickly after fade bounces

TP2: $0.0758 (+4.7%)

Volume node resistance – near top 25% of range

TP3: $0.0768 (+6%)

Top-of-range wick zone – reduce exposure ahead of likely rejection

🛑 Stop-Loss

$0.0680

(Full breakdown below range invalidates fade play)

⚙️ Pro Tip – Patience Wins in Ranges

Let price come to your level. Don’t chase green. Most fakeouts occur just outside the range — enter only after clear reclaim. Keep SL firm; breakdowns often accelerate fast.

📚 Setup Rationale

FIDA has been respecting a defined sideways range. After a stop-loss hunt below support, buyers stepped in strongly, forming a reclaim candle. These “fake-downs” often lead to quick rebounds to the range mid and upper band.

🕐 Best For: Range traders, scalpers, and mean-reversion players (15m–1H TF)

✅Buy and Trade here on $FIDA