$BIFI | Rebound from Demand, Momentum Shifting
Price has rebounded strongly after defending the 130–135 demand zone, reclaiming the short-term range with a solid 4-hour bullish candle. This signals renewed buyer interest and a potential shift in momentum, though key resistance from the prior distribution zone remains overhead.
Entry Zone: 145 – 150
Stop Loss: 132 (below demand)
Take Profit Targets: 160 / 175 / 195
Key Levels:
· Support / Reclaimed Zone: 145 – 150
· Resistance Targets: 160, 175, 195
· Decision Zone: Near current levels—watch for continuation or rejection
· Invalidation: Loss of 132 support
Strategy: Consider long positions on a pullback into the entry zone, confirming support holds. Avoid chasing extended moves. The setup favors continuation as long as price remains above reclaimed structure.
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