FIDA ABOUT TO COLLAPSE?

On the 4H chart, FIDA is showing bearish signs. The price is at an entry point for a short position.

On-chain signals scream short. A surge in new short positions has created a significant imbalance where short-sellers are paying a premium to maintain their bearish bets.

Targeting the noted levels on the chart. Stop loss in place to prevent a short squeeze.

#ShortSqueeze #bearis

$ONDO

ONDO
ONDOUSDT
0.2615
-3.75%

$TAO

TAO
TAOUSDT
177.03
-2.81%

$FIDA

FIDA
FIDAUSDT
0.016
-10.21%