🚨 $FIDA /USDT — Bearish Rejection Setup 📉

FIDA
FIDAUSDT
0.02906
-8.64%

Price attempted another push upward after retracement but failed to break the previous high, showing weakness near resistance.

This looks like a liquidity grab above short-term levels before a possible sharp downside move.

Buyers are losing momentum while sellers are stepping in around the rejection zone.

📊 Technical Structure: • Failed breakout attempt

• Lower momentum near resistance

• Liquidity taken above local highs

• Possible bearish reversal formation

• Volume slowing after rally

🔴 Trade Setup: Entry Zone: 0.0435 - 0.0440

SL: 0.0485

🎯 Targets: TP1: 0.0410

TP2: 0.0385

TP3: 0.0355

⚠️ A rejection from current resistance with increasing sell volume can trigger a strong correction phase.

Trade $FIDA

#FIDA #Bearish #LiquidityGrab

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