نشر
📉 $BIFI /USDT ANALYSIS: Massive Rejection at Resistance!
The market is showing a clear shift in momentum. After a parabolic move, BIFI has failed to hold the higher levels and is now confirming a bearish structure on the 1H timeframe.
⚡ The Trade Setup
Entry Level: $192.1 - $193.0 (Current Market Price)
Target: $124.5 (Major Support Zone)
Stop Loss: $213.0 (Above recent swing high)
🔍 Technical Logic
Blow-off Top: The price saw a massive vertical spike followed by a sharp rejection, indicating an exhaustion of buyers.
Break of Structure: The price has broken below the immediate consolidation zone, flipping previous support into resistance.
Filling the Gap: There is significant "fair value" to the downside. We expect the price to gravitate back toward the high-volume accumulation zone near $124.
🚀 Join the Winning Side
If you want to stay ahead of the market with daily technical analysis and high-probability trade setups, make sure to Follow me now! Don't miss out on the next big move.
What do you think? Is BIFI heading straight to the support at $124, or will we see a dead-cat bounce first? Let me know your thoughts in the comments! 👇
#CryptoTrading #BIFI #TechnicalAnalysis #Write2Earn #TradingSignals
{spot}(BIFIUSDT)
The market is showing a clear shift in momentum. After a parabolic move, BIFI has failed to hold the higher levels and is now confirming a bearish structure on the 1H timeframe.
⚡ The Trade Setup
Entry Level: $192.1 - $193.0 (Current Market Price)
Target: $124.5 (Major Support Zone)
Stop Loss: $213.0 (Above recent swing high)
🔍 Technical Logic
Blow-off Top: The price saw a massive vertical spike followed by a sharp rejection, indicating an exhaustion of buyers.
Break of Structure: The price has broken below the immediate consolidation zone, flipping previous support into resistance.
Filling the Gap: There is significant "fair value" to the downside. We expect the price to gravitate back toward the high-volume accumulation zone near $124.
🚀 Join the Winning Side
If you want to stay ahead of the market with daily technical analysis and high-probability trade setups, make sure to Follow me now! Don't miss out on the next big move.
What do you think? Is BIFI heading straight to the support at $124, or will we see a dead-cat bounce first? Let me know your thoughts in the comments! 👇
#CryptoTrading #BIFI #TechnicalAnalysis #Write2Earn #TradingSignals
{spot}(BIFIUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
BIFI
169.5
-1.79%