#FIDA Technical Analysis in a Daily Timeframe

20 set

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Now, let’s dive into this chart analysis:

FIDA has secured an 86% rally in the last 24 hours and is currently facing resistance between $0.40 and $0.43.

For the bullish rally to continue, FIDA needs to break above this resistance level, which could be challenging given the long wick on the daily chart.

If FIDA shows correction from the current market price, the range between $0.2430 and $0.2690 is likely to be a good accumulation zone.

Key Levels:

- Crucial Resistance: $0.4-$0.43.
- Accumulation Range: $0.2430-$0.2690.
- Lower Support: $0.141.
- Higher Target: $0.72-$1.

DYOR, NFA.

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