$BIFI /USDT Sharp Correction After Explosive Rally
$BIFI saw a strong impulsive rally followed by heavy profit-taking and is now stabilizing near the $220 zone. This looks more like momentum cooling than trend failure, with buyers likely to re-enter around prior demand. As long as price holds the $210–$215 region and volume rebuilds, a rebound toward higher resistance levels remains possible.
Entry Zone: 215 – 222
Targets:
TP1 → 245
TP2 → 270
TP3 → 300
Stop Loss: 199
Why This Setup Looks Strong:
1 → Explosive rally followed by healthy correction
2 → Price stabilizing near prior demand zone
3 → Selling pressure easing after profit-taking
4 → Strong upside potential if support holds
Invalidation:
A sustained move below 199 would invalidate the recovery structure.
Bias:
Neutral-bullish while price holds above the 210–215 support zone. Wait for confirmation, manage risk carefully, and let the rebound develop.
