🚨 $BIFI – Post-Spike Caution TA & Trade Plan
Market Snapshot :
• Current Price: ~319 USDT
• 24H Move: +200%+ (Extreme spike)
• Structure: Vertical pump → sharp wick → consolidation
RSI:
• 1D: ~97 (extreme overbought)
• 4H: ~87 (overbought)
• 1H: ~60 (cooling)
• 15m: ~32 (short-term oversold after dump)
Bollinger Bands: Price expanded far beyond upper band → mean reversion in progress
Volume: Climax volume during spike, declining afterward (distribution risk)
📉 Technical Analysis
• The $7,551 wick is a liquidity sweep / blow-off top, not sustainable price action.
• Current range (~300–330) is post-dump consolidation, typical after manipulation-like moves.
• Trend is unstable: High volatility + weak follow-through volume.
• Expect either sideways chop or another leg down before any healthy continuation.
🎯 Key Levels
Immediate Resistance:
• 330 – 352 (BOLL mid/upper on lower TFs)
Major Resistance:
• 417 – 480
Support Zones:
• 300 – 275 (range base)
• 250 – 230 (strong demand zone)
• ⚠️ Below 230 = high probability continuation dump
📌 Trade Strategy (Cautious)
❌ Avoid FOMO Longs at Current Levels
Safer Long Setup (Only if):
• Entry: 260 – 240 zone
• Stop-Loss: < 220
Targets:
• T1: 300
• T2: 350
• T3: 420
• Size: Small (high-risk asset)
Short-Term Scalping (Experts only):
• Sell rejection near 330 – 350
• Tight SL above 370
• Quick targets: 300 → 280
⚠️ Risk Notes
• This is a low-liquidity, spike-and-dump structure
• Indicators confirm distribution phase, not trend continuation
• Protect capital → wait for confirmation, not candles
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Coins to Watch: BTC | $ETH | $BNB
⚠️ Disclaimer: Not financial advice. High volatility asset. Trade with strict risk management.
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