【$FIDA Signal】Pullback to buy, volume breakout confirmation at the bottom

$FIDA The 1H timeframe just completed a violent surge, with trading volume skyrocketing, directly piercing through the upper band of the 4-hour Bollinger Bands. Currently, the price is consolidating around 0.0204, with buy orders exceptionally thick in the 0.0202 to 0.0203 range, revealing clear capital support. The 4-hour MACD fast and slow lines are expanding upward, indicating bullish momentum is accumulating.

🎯Direction: Long

⚡Entry/Orders: Wait for the price to pull back to the 0.01785 - 0.01831 range for phased entries

🛑Stop Loss: 0.01720

🚀Target 1: 0.02274

🚀Target 2: 0.02496

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above the upper boundary of the entry zone, exit immediately and observe.

Negative funding rates as high as -0.63%, but open interest remains stable, and the price has not collapsed, indicating a typical short squeeze precursor. The 1-hour moving averages have shifted from consolidation to upward divergence, and RSI has pulled back from overbought territory for healthy consolidation without signs of exhaustion. The strong support at 0.0172, formed by the resonance of previous lows and dense trading zones, makes a breakdown less likely. The retracement after this surge offers an attractive risk-reward ratio.

Check real-time market 👇 $FIDA
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