๐ป $BIFI /USDT Short Setup โ Bearish Rejection at Resistance!
๐ Market Sentiment: Bearish
โฐ Timeframe: 1H
๐ Price Action: Strong rejection from $116.5 resistance with increasing sell pressure.
โ Entry Zone (Short): $113.5 โ $115
๐ Stop-Loss: $116.8 (Above recent rejection wick)
๐ฏ Targets:
TP1: $111.5
TP2: $109.8
TP3: $108.2 (major liquidity zone)
Sharp rejection at $116.5
Formation of lower highs
Strong red candle breakdown
Selling pressure rising near resistance
๐ Bears taking control โ break below $111.9 could accelerate downside momentum.
BIFI
115
-0.34%