$BIFI
BIFI/USDT โ The Spike Monster Is Back
๐ Price: $166.3
๐ Up +5.05% in the last hour โ but is this breakout real or just another liquidity trap?
๐ Chart Breakdown:
Price has shown three identical explosive spikes over the past 48 hours โ a clear sign of algo/whale-driven volatility.
MA(7): $157.4 is curving upward again, now acting as short-term support.
MA(25) and MA(99) are nearly flat near $150, showing overall lack of trend conviction โ until now.
๐ง What to Watch:
If BIFI closes above $167, next resistance is at $172, and then the high wick zone at $180+
However, sharp rejection from here could send it right back to $155โ$150 area โ like the last two fakeouts
Volume confirmation needed โ otherwise, this is just another head fake
๐ฏ Scalp Setup (For the Bold):
Entry: Above $167.5
Target: $174โ$179
Stop: Below $155
โ ๏ธ Final Word:
BIFI is behaving like a pump botโs playground. Great if you're fast, deadly if you're slow. Confirm volume, respect stops.
โ ๏ธ DYOR โ Do Your Own Research.
This is not financial advice. Markets can be volatile โ always trade responsibly!