🔥 $FIDA — Buy or Not? Short Update! 📊
💰 Current Price: ~$0.04–$0.05 range on major exchanges — decent 24h activity 📉📈 �
📍 What It Is: $FIDA governs Bonfida / Solana Name Service — a Solana ecosystem token tied to analytics, UI tools & decentralized identity functions. �
CoinGecko +1
CoinGecko
📈 Why Traders Watch It:
✔ Price showing range & possible rebound setups — bounce structure spotted by some analysts 👀 �
✔ Big name in Solana ecosystem utility tokens — usable beyond speculation. �
TradingView
Coinbase
⚠️ Risks:
• Price is still far below past highs & sentiment often bearish. �
• Highly influenced by broader crypto cycles, not just fundamentals.
CoinCodex
💬 Buy Signal?
👉 Potential buy on dips + strong support levels — especially if Solana market strengthens.
👉 But trade smart — set stops & watch volume before entering.
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