FIDA ABOUT TO COLLAPSE?
On the 4H chart, FIDA is showing bearish signs. The price is at an entry point for a short position.
On-chain signals scream short. A surge in new short positions has created a significant imbalance where short-sellers are paying a premium to maintain their bearish bets.
Targeting the noted levels on the chart. Stop loss in place to prevent a short squeeze.
ONDOUSDT
Perp
0.2813
-1.50%
TAOUSDT
Perp
191.73
-2.66%
FIDAUSDT
Perp
0.02176
-2.59%