🛑🛑 FIDA Chart Analysis and Action Plan 🛑🛑

$FIDA $PEOPLE $BURGER

📈 Asset: FIDA / USDT)
📅 Timeframe: 1 month (1M)

Current situation:

  • Price: $0.3908 (+33.11% for the current month)

  • Average purchase price: $0.3151

  • MA (7): $0.3573

  • MA (25): $0.3444

  • MA (99): $2.9001

  • Indicators: Ichimoku, SAR

Technical analysis:

  1. Support: $0.3151 (average purchase price)

  2. Resistance: $2.9001 (MA 99)

  3. Ichimoku Cloud:

    • The price is above the cloud, which is a bullish signal.

    • The Tenkan-Sen ($0.4346) and Kijun-Sen ($0.8188) lines crossed, indicating potential growth.

  4. SAR: Indicates an uptrend, located below the price.

Growth potential:

  • Target: $9.4129 (potential upside of 2880.38%)

Action plan:

  1. Buy: Maintain current positions as the price is above the average purchase price and is in an upward trend.

  2. Stop Loss: Set a stop loss at $0.3151 to minimize losses in case of a sudden price drop.

  3. Take profit:

    • Short-term target: $2.9001 (MA 99)

    • Long term target: $9.4129

  4. Monitoring:

    • Monitor trading volumes: the current volume (111.272M) shows active interest in the asset.

    • Pay attention to the Ichimoku and SAR indicators to confirm the continuation of the uptrend.

Summary:

FIDA is showing strong growth with bullish signals from Ichimoku and SAR. It is recommended to hold current positions with a protective stop loss and monitor technical indicators.

🚀 Happy trading and high profits! 🚀


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