Bonfida ($FIDA )
@Solana Name Service | Bonfida , the governance token behind the Solana Name Service, is getting renewed attention today as Solana ecosystem momentum accelerates. Trading around $0.0508, $FIDA saw a brief 3.45% spike on Binance Futures, driving mixed sentiment—bearish on macro forecasts but bullish on technical setups tied to Solana’s strong Q3 inflows and Alpenglow TPS upgrades.
The most active trend is technical analysis, with traders calling out a bullish flag on 12H (entry: $0.0474, target: $0.0776) and a weekly symmetrical triangle hinting at a larger breakout. Multilingual TA posts highlight liquidity sweeps toward $0.0444–$0.0484 as potential long entries.
Nostalgia posts about FIDA’s 2021 peak contrast today’s microcaps, while warnings from scanners (Extreme Fear Index 16) project near-term downside toward $0.041–0.038. Yet ecosystem chatter remains bullish: governance utility, SNS fee capture, and comparisons to $TNSR fuel optimism.
If Solana alt rotation heats up, a move above $0.0522 could trigger stronger momentum.
