$FIDA is showing renewed activity after a clean bounce from the 0.0353 support zone. Price is currently trading around 0.0359, holding above short-term structure with steady volume. Over the last 24 hours, volatility has compressed after the bounce, often a sign that momentum is being built for the next directional move.

On the 1H timeframe, bullish candles are forming with higher lows, indicating buyers are gradually taking control. Price is also pressing toward the recent intraday high near 0.0366, which acts as the immediate breakout level. As long as FIDA holds above the mid-range support, the structure remains bullish.

Trade Setup

• Entry Zone: 0.0356 – 0.0359

• Target 1: 0.0366

• Target 2: 0.0375

• Target 3: 0.0388

• Stop Loss: 0.0350

A confirmed break and hold above 0.0366 with strong volume could trigger acceleration toward higher resistance zones. Failure to hold the entry range would invalidate the setup and shift momentum back into consolidation. Risk management remains key as price approaches resistance.

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FIDA

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