$BIFI is stabilizing after the explosive breakout into the 165.0 high and price is now consolidating around the 116 zone. I am watching this closely because buyers defended the pullback cleanly and sellers failed to push price back toward the base. The 1h candles are forming a tight consolidation which shows momentum cooling without breaking structure.
If this structure continues to hold a measured rebound can start with steady strength.
This is the complete setup I am tracking from this chart.
Entry Point
115 – 108
Target Point
TP1: 126
TP2: 140
TP3: 165
Stop Loss
98
It is possible because price is holding above the breakout zone and selling pressure has reduced significantly. If $BIFI stays above the 110 support area the move toward 126 becomes the natural first step before momentum attempts continuation toward the highs.
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BIFI
129.2
+0.46%