đ¨ $FIDA Major Technical Analysis Update đ¨
The 1-hour chart for $FIDA is signaling a potential massive breakout! đ Hereâs why you should be paying attention:
Weâve been tracking this falling wedge pattern, a bullish reversal indicator, for a while now, and today weâre seeing a clear breakout above the resistance line. Typically, a falling wedge signals a shift from a downtrend to an uptrend.
đĄ Key levels to watch:
⢠Immediate resistance: $0.2800
⢠Next major target: $0.4410 (based on the measured move)
If we hold these breakout levels, $FIDA could be primed for a significant upward move. The breakout target from this wedge points to an upside of over 70%, pushing toward the $0.40+ range.
đ Bullish Indicators:
⢠Break above key resistance
⢠Strong buying volume as momentum builds
⢠Potential trend reversal signaled by the pattern
Bearish Scenarios:
⢠Rejection near $0.2800 may lead to a retest of support around $0.2400.
⢠Failure to hold the breakout could trigger consolidation or another leg down.
This could be the beginning of an explosive rally for $FIDA! Are you ready for the next move?
đĽ Like this post if youâre bullish and want more updates on potential 10x gems! đ Let me know what youâre eyeing in the market right now!
đ #FIDA #TechnicalAnalysis #CryptoTrading #Breakout #Altcoins #Binance #DeFi #Bullish #CryptoCharts
