The sleeping giant has awakened? Technical analysis $FIDA
On the 4-hour chart FIDA/USDT, a sharp surge in bullish activity has been recorded. After a prolonged drift in the accumulation zone around $0.0121, the asset demonstrated a vertical leap, adding more than 11% in a short period.
📊 Key metrics:
Break of moving averages: The price of $0.01397 successfully surpassed the MA(7) levels ($0.0133) and MA(25) ($0.0128). This confirms a change in the local trend from bearish to bullish.
Volumes: The current rise is supported by abnormal trading volume (179.39 million FIDA), indicating the entry of a major player and the validity of the momentum.
Target zones:
Resistance: The main target is to test the long-term MA(99) at $0.0143. A breakthrough above will open the way to the local high of $0.0153.
Support: In the event of a pullback, it is crucial to hold the zone at $0.0133 to maintain the growth structure.
Solana infrastructure projects are back in focus. The trend is upward, but for a safe entry, it is better to wait for confirmation above the MA(99).
✨ Not financial advice. Technical analysis for reference. The market is volatile — think for yourself.
#FIDA #Solanaecosystem #TechnicalAnalysis #BinanceSquare #Crypto $FIDA $SOL $STO
On the 4-hour chart FIDA/USDT, a sharp surge in bullish activity has been recorded. After a prolonged drift in the accumulation zone around $0.0121, the asset demonstrated a vertical leap, adding more than 11% in a short period.
📊 Key metrics:
Break of moving averages: The price of $0.01397 successfully surpassed the MA(7) levels ($0.0133) and MA(25) ($0.0128). This confirms a change in the local trend from bearish to bullish.
Volumes: The current rise is supported by abnormal trading volume (179.39 million FIDA), indicating the entry of a major player and the validity of the momentum.
Target zones:
Resistance: The main target is to test the long-term MA(99) at $0.0143. A breakthrough above will open the way to the local high of $0.0153.
Support: In the event of a pullback, it is crucial to hold the zone at $0.0133 to maintain the growth structure.
Solana infrastructure projects are back in focus. The trend is upward, but for a safe entry, it is better to wait for confirmation above the MA(99).
✨ Not financial advice. Technical analysis for reference. The market is volatile — think for yourself.
#FIDA #Solanaecosystem #TechnicalAnalysis #BinanceSquare #Crypto $FIDA $SOL $STO