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$FIDA showing strong rejection after explosive rally with sellers defending the 0.046 – 0.048 resistance zone and momentum starting to weaken sharply…
Position: Short
Entry Zone: 0.0385 – 0.0400
Invalidation: 0.0435
Targets: 0.0360 → 0.0330 → 0.0300
Price forming lower highs after failed continuation breakout while bearish pressure increases near local resistance. Failure to reclaim 0.041 keeps downside correction momentum active.
#TradfiTradingChallenge