$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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