$BIFI

BIFI

143

0.00%

Technical Update: Bullish Reversal Underway

$BIFI is signaling a trend reversal after holding firm at the 200 – 205 support zone. Improving volume and a "higher low" structure suggest that selling pressure is exhausted and buyers are regaining control.

Bullish Indicators:

Strong Floor: Support at 200 remains undisputed.

Trend Shift: Technical structure has transitioned from bearish to accumulation.

Volume: Rising participation confirms the breakout attempt.

Price Targets:

Target 1: 230 (Immediate Resistance)

Target 2: 260 – 280 (Momentum Zone)

Target 3: 300+ (Psychological Level)

Outlook: The trend is turning positive. Sustaining price action above the 200 support level is key for continued upside. Monitor closely and manage risk.