๐ด $FIDA SHORT SETUP โ Rejection Near Resistance, Breakdown Structure Forming ๐
๐ Entry Zone: 0.0215 โ 0.0221
๐ก๏ธ SL: 0.0226
๐ฏ TP1: 0.0204
๐ฏ TP2: 0.0192
๐ฏ TP3: 0.0176
FIDA pushed into resistance after a rebound, but momentum is now beginning to weaken beneath the highs.
The current structure is forming lower highs while liquidity continues building below nearby support levels โ a setup that often favors downside continuation if sellers maintain control.
Price action no longer shows strong breakout conviction, suggesting bullish momentum may be fading as supply increases overhead.
๐ Lower highs + fading momentum = bearish continuation setup
If price accepts below the entry zone, continuation toward the lower downside targets becomes increasingly likely.
A reclaim above 0.0226 invalidates the setup and shifts momentum back toward the bulls.
โ ๏ธ Risk: Crypto markets move fast. Always protect positions with proper stop-loss management.
Trade $FIDA Here ๐๐
#crypto #altcoins #trading #priceaction #futures
๐ Entry Zone: 0.0215 โ 0.0221
๐ก๏ธ SL: 0.0226
๐ฏ TP1: 0.0204
๐ฏ TP2: 0.0192
๐ฏ TP3: 0.0176
FIDA pushed into resistance after a rebound, but momentum is now beginning to weaken beneath the highs.
The current structure is forming lower highs while liquidity continues building below nearby support levels โ a setup that often favors downside continuation if sellers maintain control.
Price action no longer shows strong breakout conviction, suggesting bullish momentum may be fading as supply increases overhead.
๐ Lower highs + fading momentum = bearish continuation setup
If price accepts below the entry zone, continuation toward the lower downside targets becomes increasingly likely.
A reclaim above 0.0226 invalidates the setup and shifts momentum back toward the bulls.
โ ๏ธ Risk: Crypto markets move fast. Always protect positions with proper stop-loss management.
Trade $FIDA Here ๐๐
#crypto #altcoins #trading #priceaction #futures