$BIFI — Volatility Spike Explained Simply 📊

$BIFI just had a sharp move with long wicks on both sides, which means liquidity was taken above and below price before the market calmed down. After that burst of volatility, price has moved back toward its average level, a phase that often comes before a more controlled move once things settle.

This kind of behavior can lead to either a steady continuation or a measured rebound, as long as key support holds.

Trade idea in plain words:

• Long entry zone: 112 – 118

• Upside targets:

• First resistance near 130

• Next level around 145

• Strong continuation toward 165

• Risk control: exit if price drops below 98

BIFI

134.4

-9.55%

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