💰 $FIDA


🔽 SHORT
✳️ ENTRY: 0.02150 – 0.02210 – 0.02255
🎯 TARGETS: 0.02120 – 0.02064 – 0.01981 – 0.01900 – 0.01810 – 0.01660 – 0.01500
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.02330
#FIDA is showing clear distribution after its sharp parabolic spike, now printing a strong bearish rejection with lower highs. Price has broken below the MA7 and MA25 which are turning over as dynamic resistance, while sitting above the longer MA99/MA200 cluster. RSI momentum is rolling over from the 50s with negative divergence visible, and MACD remains negative with bearish histogram expansion, confirming seller control. We’re seeing textbook resistance behavior around 0.021–0.022 where aggressive selling stepped in on solid volume after the extension. This volume-backed rejection from overextended levels sets up a high-probability corrective move lower. DCA your shorts into the three evenly spaced entries (tighter into SL) on any bounce, scale partial profits at each target, and trail the rest. Clean momentum setup — let’s catch this leg down.
FIDA41.54%
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