$BIFI /USDT – BEARS PRESSURE AFTER SHARP REJECTION FROM HIGHS
BIFI surged from 195.1 to a high of 217.9, but strong selling pressure has pushed it back down to the 200.2 zone. The failure to sustain above 204 signals a loss of bullish momentum, and sellers may attempt to drive price lower toward recent support levels.
Trade Setup:
Entry Zone (Short): 200 – 202
Take Profit 1: 197
Take Profit 2: 195
Stop Loss: 204
Market Outlook:
Short-term sentiment is leaning bearish unless price reclaims and holds above 204. A bounce from current levels could lead to a retest of 209, but sustained weakness may open the door to further downside.
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