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【$FIDA Signal】Negative fee rate short squeeze + 1H pullback to go long
$FIDA Negative fee rate -0.3956%, bears continue to output funds. After a massive 4H bullish candle, volume decreases during pullback, with price stuck 0.0236 above EMA50. 1H MACD pulls back from high levels, but the middle Bollinger band remains intact, with buy volume premium at 2.73%.
🎯Direction: long
⚡Entry/Order: 0.0236090 - 0.0236800
🛑Stop loss: 0.0234432
🚀Target 1: 0.0240352
🚀Target 2: 0.0242128
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect principal.
The buying pressure around 0.0236 is strong, and short covering could trigger at any time. Risk-reward ratio is approximately 1.5, worth a try.
Check real-time market 👇 $FIDA
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