$FIDA means Bonfida's price is currently $0.0442 (Rs. 12.42), which has decreased by 1.56% in the last 24 hours. The market sentiment is currently weak or bearish, and the short-term moving average is also below the price indicating that pressure remains. Strong support is around $0.0438; if it bounces from here, it can be expected, otherwise, it could drop to $0.0420. The immediate resistance above is between $0.0445 and $0.0448, breaking this is essential for any bullish move to occur, and then the short-term target could be up to $0.0460. The order book is slightly in favor of buyers, but the overall trend still appears bearish, so it would be better to proceed with patience, and if a trade is to be taken, definitely set a stop-loss.
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