$FIDA FIDA/USDT Market Analysis

📉 Current Price: $0.2224 (-5.12%)

📊 24H Range: $0.2183 - $0.2386

🔄 24H Volume: 28.40M FIDA

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Technical Indicators

EMA Trends:

EMA(7): $0.2239

EMA(25): $0.2304

EMA(99): $0.2476

FIDA is under consistent selling pressure, trading below its short-term and long-term EMAs. The immediate support lies near $0.2183, while $0.2304 acts as a significant resistance.

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Potential Trading Opportunities

Bearish Trend Continuation:

Entry Zone: Below $0.2200

Targets:

Target 1: $0.2150

Target 2: $0.2080

Stop Loss: $0.2250

Bullish Recovery Setup:

Entry Zone: Above $0.2250

Targets:

Target 1: $0.2300

Target 2: $0.2350

Stop Loss: $0.2190

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Observation

FIDA is in a downward trend with limited attempts at recovery. A break above EMA(7) may signal a potential bullish move, but traders should exercise caution. Watch for volume surges and confirmation of breakout or breakdown before entering trades.

⚠️ Use appropriate risk management and monitor price action closely.

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