🔴 $FIDA SHORT SETUP — Rejection Near Resistance, Breakdown Structure Forming 📉
📍 Entry Zone: 0.0215 – 0.0221
🛡️ SL: 0.0226
🎯 TP1: 0.0204
🎯 TP2: 0.0192
🎯 TP3: 0.0176
FIDA pushed into resistance after a rebound, but momentum is now beginning to weaken beneath the highs.
The current structure is forming lower highs while liquidity continues building below nearby support levels — a setup that often favors downside continuation if sellers maintain control.
Price action no longer shows strong breakout conviction, suggesting bullish momentum may be fading as supply increases overhead.
👉 Lower highs + fading momentum = bearish continuation setup
If price accepts below the entry zone, continuation toward the lower downside targets becomes increasingly likely.
A reclaim above 0.0226 invalidates the setup and shifts momentum back toward the bulls.
⚠️ Risk: Crypto markets move fast. Always protect positions with proper stop-loss management.
Trade $FIDA Here 👇📉
