$FIDA Bearish Retest Under Key Support 🚨

Short $FIDA

Entry: 0.0208 – 0.0215

SL: 0.0235

TP1: 0.0198

TP2: 0.0189

TP3: 0.0178

TP4: 0.0165

Why:

FIDA failed to hold above the 0.022 resistance zone after a strong rally and is now trading below MA7 with weakening momentum. RSI has dropped near oversold territory while MACD remains bearish with fading histogram strength, signaling sellers are still in control. The rejection candle near MA25 combined with declining bullish volume increases the probability of a continuation toward lower support zones.

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