FDUSD pulled back sharply from 0.9991 after a liquidity sweep that triggered a cluster of fast sell orders. The drop into 0.9983 flushed out short term leverage and cleared resting bids, which is why the bounce that followed came with clean absorption. Price is now stabilizing around 0.9985 with a slow grind upward, but momentum remains neutral.

MA5 and MA10 have just curled upward and are flattening against MA30, showing early signs that short term pressure is easing but not yet reversing into strength. Volume on the recovery is modest, meaning whales are not aggressively repositioning. This looks more like a rebalancing move after the liquidation flush rather than a trend shift.

MACD is still slightly negative but losing downward momentum, which fits the idea of a stabilizing base forming around 0.9983 to 0.9985. For a clear continuation back to premium pricing, FDUSD needs to reclaim 0.9989 with sustained bids. That level aligns with short term liquidity pockets and would signal that market makers are lifting price rather than just defending it.

Support remains firm at 0.9983. Resistance sits at 0.9989 and then 0.9991 which is the upper liquidity trigger from earlier.

Trade setup
TP 0.9989 then 0.9991
SL 0.9982
My take This is a stable range after a liquidity sweep, so focus on tight risk management and always do your own research.
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