โ๐ $FIDA Is Deeply Oversold! Watching 0.0428 Support For A High-Risk Bounce! โ ๏ธ
โBonfida (FIDA) is flashing a Strong Sell signal on the 4H chart, but it bounced from oversold levels. The price is fighting to hold above the recent swing low of 0.0428. A short-term rebound targeting the 0.0466 Fibonacci level is possible, driven by speculative volume. Failure to hold support will resume the downtrend. FIDA is the foundation for the Solana Name Service (.sol domains), but its chart remains weak! Trade with extreme caution! ๐
โSetup: Counter-Trend Bounce (Extreme Risk)
โ๐ฏ Entry Zone: $0.0440 โ $0.0450
โ๐ก๏ธ SL: 0.0425
โ๐ TP1: 0.0466 | TP2: 0.0480
โRespect the strong bearish dominance. Tight stop loss is mandatory.
