Price Position and Structural State
Bonfida (FIDA) closed at 0.01918 USDT on October 15, 2026, down 2.14%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.01487 USDT, with resistance near 0.0235 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
FIDA is trading below all key moving averages. MA100 at 0.019726 USDT stands as the first moving-average resistance area to watch. Price sits 5.64% below MA50, within its historical distance range of -46.80% to 121.12%. The moving-average structure is bearish without showing extreme downside extension.
Trading Friction and Price Efficiency
FIDA shows moderate trading friction, with a 3-day friction score of 39.3. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -5.11% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is negative on the 24-hour average at -0.001518%, while the 7-day average is +0.002432%. This shows fresh short-side cost pressure rather than a sustained build across the week.
The long/short ratio is 1.66, sitting near the lower side of its 60-day range at 5.05%. This means long accounts still dominate, but the long tilt is weaker than usual compared with recent history.
Correlation, Beta, and Index Relationship
FIDA remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that FIDA moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting FIDA. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.753 | 0.978 | 0.567 | Strong linkage |
| 60D | 0.732 | 0.953 | 0.535 | Strong linkage |
| 180D | 0.41 | 1.116 | 0.168 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
FIDA is moving more day to day, but participation remains weak. ATR% reads 8.07, near the lower side of its full historical range, while Bollinger Band width% reads 16.96, close to the bottom of its full historical range. 20-day Volume Z-score is -0.35.
Momentum is weaker. RSI is 40.73, ROC14 is -9.78%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. FIDA stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For FIDA, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.0235 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01487 USDT confirms a bearish regime.