$FIDA made a strong +6.6% move with volume jumping around 1.6x, so chasing here could be risky. Moves like this usually attract late buyers before a short-term cooldown or pullback happens.

Right now, I’m watching the 0.02376 area closely. Price could try to retest that high again, but if it struggles to break and close above it, there’s a good chance we see a pullback into the 0.02179–0.02118 support zone.

If price dips into that region and quickly bounces back with strong buying pressure something like a clean pin bar, engulfing candle, or bullish structure shift that could offer a solid long setup. In that case, the first upside target would be 0.02376, followed by 0.02481 if momentum continues. A stop-loss below 0.02118 makes sense, or below 0.02054 if you want to give the trade more room.

On the downside, if 0.02118 breaks with strong momentum and price starts holding below it, then the next likely support zones are around 0.02054 and possibly 0.01861.

For longs: patience is key. Let price sweep liquidity around 0.02179 or 0.02118 first, then wait for confirmation before entering.

For shorts: a fake breakout above 0.02376 followed by rejection or a lower high could open the door for a move back toward 0.02179 or even 0.02054.

If FIDA just keeps ranging above 0.02304 without real strength behind it, staying patient is probably the smarter move. Chasing explosive candles usually ends badly.

Not financial advice just sharing a market perspective for educational purposes. Always wait for confirmation and manage risk properly.
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