$BIFI — I’m watching this setup because price just made a vertical expansion from a long flat base and now it’s pulling back in a controlled way instead of collapsing. That tells me this move isn’t finished yet.
Reason
I’m seeing a strong base built around the 140–145 zone, followed by a sudden momentum breakout straight to 195. After that spike, price cooled down but didn’t lose structure. Sellers took profit, but buyers are still defending the range.
Market read
I’m treating this as a post-breakout continuation setup. The impulse was strong, and the pullback is shallow. As long as price holds above key support, the bullish structure stays valid for me.
Entry Point
I’m entering between 162 – 168
This zone is acting as demand after the impulse move.
Target Point
TP1: 180
TP2: 195
TP3: 215
These targets line up with the previous high and the next extension zone if momentum returns.
Stop Loss
My stop is at 148
If price drops back into the old base, the setup fails for me.
How it’s possible
I’m trusting this setup because the breakout came after accumulation, volume expanded sharply, and price is now consolidating above the range instead of retracing deeply. If buyers step in again, continuation can be fast due to low resistance overhead.
I’m staying disciplined and letting structure lead.
Let’s go and Trade now $BIFI
