🚨 BIFI/USDT — Reality Check After the Pump 🚨
BIFI just printed one of the craziest moves of the week, but smart traders know: not every spike is a buy signal.
🔍 4H Chart Breakdown (Honest):
• RSI (6/12/24) is above 90+ → extreme overbought, exhaustion zone
• MACD momentum is peaking → late-stage move
• Price is far above Supertrend & averages → mean reversion risk is high
• The 7,551 wick was a liquidity event, not real price acceptance
📉 This doesn’t mean BIFI is dead — it means patience is required.
✅ High-Probability Trade Plan
🟢 Buy zone: 230 – 260 (healthy pullback & RSI reset)
🎯 Targets: 320 → 380 → 450 (only with volume)
🛑 Invalidation: 4H close below 195
❌ Chasing at current levels = emotional trading
✔️ Waiting for structure = professional trading
Volatility is still high, opportunities will come — let price come to you, not the other way around.
Trade smart. Protect capital.
#BIFI #CryptoAnalysis #BinanceSquare #WriteToEarnUpgrade #RiskManagement
