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$BIFI USDT BULLISH SPIKE ā MASSIVE WICK SHOWS BUYERS TESTING HIGHER LEVELS!
$BIFIUSDT surged aggressively to a high of $182 from its low of $153 before retracing to the current price of $159 (+6.71%). Price is holding above all key moving averages (7 MA: 158.2, 25 MA: 157.1, 99 MA: 158.6), indicating potential continuation if support zones remain intact.
š¹ Trade Setup (Long):
Entry Zone: $157 ā $160
Targets:
TP1: $165
TP2: $175
Stop Loss: $153
š Short Market Outlook:
The sharp spike shows strong buyer aggression, but current retracement indicates profit-taking. If $158 holds, another attempt towards the $165-$175 range is likely, driven by momentum traders re-entering.
Risk Management: Use tight stop losses to protect against sudden volatility rejections common after large wicks.
#Crypto #BIFI #BinanceTrading #BullishSetup #TechnicalAnalysis
buy and trade here on $BIFI
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