$FIDA FIDA (solona name service) Market Analysis – December 2, 2024

**Market Sentiment:** Bearish

FIDA currently trades at **$0.3208**, showing signs of decreased momentum as trading volume has slightly declined in the past 24 hours. The asset faces resistance around **$0.3400**, while support lies at **$0.3000**. With market uncertainty, investors remain cautious, particularly as Bonfida’s ecosystem lacks major updates to fuel short-term bullish sentiment.

Short-term traders might avoid heavy buying unless FIDA breaks above $0.3400 with strong volume. Conversely, if it dips below $0.3000, it could attract bearish attention.

**Target Price:** $0.2900

**Buy Price:** $0.3100 (if it holds steady support)

**Sell Price:** $0.3500

FIDA’s potential rebound depends on increased ecosystem activity or market-wide bullishness. Until then, careful positioning is advised for risk management. $FIDA