$BIFI /USDT SHORT TRADE OPPORTUNITY – REVERSAL SIGNAL TRIGGERED!
Price is showing signs of exhaustion after a sharp move to $249.7. The rejection wick and lower high formation near $220–$230 suggest potential for a pullback. Current price is hovering around $212.9 with weakening bullish pressure.
Trade Setup:
Entry: $213–$217
Take Profit: $198 / $185
Stop Loss: $225
Why Short?
After the spike, BIFI failed to maintain momentum and got rejected from the upper resistance zone. Lower highs and wicks indicate selling strength. A breakdown below $210 would accelerate the drop.
Pro Tip:
In overextended moves, watch for confirmation candles at key zones before entering — don’t chase, react smartly!