$BIFI has experienced a notable 7.449% increase in the last 24 hours.

Current price movement is approaching the upper Bollinger Band at 175.31, hinting at potential overextension.

The support level at 161.1 remains firm, while resistance is clearly set at 178.2.

Volatility appears to be contracting, which may indicate a consolidation phase ahead.

Traders should consider placing a stop-loss just below the lower Bollinger Band at 157.24 to manage risks effectively.

Recommended action: set alerts for breaks above resistance or below support for optimal entry points.