#TrumpTariffs BIFI/USDT technical analysis shows a clear downtrend on the 15-minute timeframe, with a break of short-term support levels. The current price at 184.2 is below the moving averages MA(7) = 186.1, MA(25) = 190.4, and MA(99) = 196.2, reflecting strong selling pressure and a negative trend.
Recent candlesticks show a continuous decline without forming higher lows, indicating weak demand and the absence of technical reversal signals so far. The apparent pattern is more like a "descending channel" or a "support breakdown," especially after the failure to surpass the resistance at 198.5.
If the support at 179.9 (the 24-hour low) is broken, we may see the bleeding continue towards the 175 area or lower. If a rebound occurs, the first resistance may be at 190. It is recommended to exercise caution and avoid entering until confirmed reversal signals appear, such as a reversal triangle or a positive crossover of the moving averages.