$BIFI USDT BEARISH RETEST IN PROGRESS — WEAK BOUNCE COULD LEAD TO FURTHER DOWNSIDE!
BIFI spiked aggressively to 280.0 but failed to hold gains and has since entered a consistent downward channel. The price is now hovering near 228.6 with multiple failed attempts to reclaim the 235–240 resistance zone. If this bearish retest is rejected again, another drop toward the lower support area is highly likely.
🔻 Trade Setup (Short):
Entry Zone: 230.0 – 233.0
Take Profit 1: 225.0
Take Profit 2: 218.0
Stop Loss: 243.4
📉 Market Outlook:
Despite the massive pump earlier, BIFI is showing signs of exhaustion with lower highs and rejection at key supply zones. As long as price stays below 235, bearish momentum is favored in the short term.
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buy and trade here on $BIFI