$FIDA Bouncing from Support Zone, Long with Discipline 🚀
FIDA Long Trading Plan (Maximum 20x)
Entry: 0.03555 – 0.03606
SL: 0.03455
TP1: 0.03691
TP2: 0.03757
TP3: 0.03857
The 0.03555 – 0.03606 zone is showing signs of bouncing up after a correction. The price has held firm above the crucial support zone, not breaking below 0.03455, and buying pressure is starting to reappear, signaling a recovery towards the resistance levels above.
The stop loss is placed below 0.03455, a relatively clean area. If this level is breached, the long scenario will be invalidated.
Step-by-step targets: 0.03691 → 0.03757 → 0.03857. Each take profit (TP) is quite far apart (~2-3% from entry), be patient and take profits gradually.
The distance from entry to stop loss (SL) is quite close (~2.7-4%). Suitable for a short-term long order. Enter small orders and set stop losses correctly.
Do you think this area is stable? Or is there still a risk of further decline? Comment to discuss! 🚀