$BIFI
That candle says everything you need to know.
BIFI was sitting comfortably between 95 and 105 for quite a while. Then one giant red candle dropped it from 100 all the way down to 68 in one move. That's a 25% drop in a single candle. It's now recovered slightly to 78 but the damage is done. Binance is delisting BIFI on April 23rd and this is the market reacting to that news. The volume is tiny — only 9,160 BIFI traded — which means this is a very illiquid coin and the drops can be worse than they look on the chart. Treat this as an exit, not an opportunity.
#BIFIUSDT #Binance #Delisting ⚠️
That candle says everything you need to know.
BIFI was sitting comfortably between 95 and 105 for quite a while. Then one giant red candle dropped it from 100 all the way down to 68 in one move. That's a 25% drop in a single candle. It's now recovered slightly to 78 but the damage is done. Binance is delisting BIFI on April 23rd and this is the market reacting to that news. The volume is tiny — only 9,160 BIFI traded — which means this is a very illiquid coin and the drops can be worse than they look on the chart. Treat this as an exit, not an opportunity.
#BIFIUSDT #Binance #Delisting ⚠️