$BIFI /USDT Current price is trading around 182.5 USDT, down roughly -24% in the last 24 hours, showing strong bearish pressure. After a sharp sell-off from the 280 – 230 zone, price has entered a short-term consolidation near 180 support.
On the 1H timeframe, the structure remains bearish:
Clear lower highs and lower lows
Strong rejection from the 200–205 resistance
Selling volume increased during the drop, signaling distribution rather than healthy pullback
Current candles show weak recovery, indicating buyers are still cautious
This suggests the market is at a decision zone: either a short-term bounce from support or continuation of the downtrend.
Trade Setup (Short-Term)
Scenario 1: Bearish Continuation (Higher Probability)
• Entry Zone: 186 – 190
• Target 1: 180
• Target 2: 172
• Target 3: 160
• Stop Loss: 198
Bias remains bearish unless price reclaims and holds above 200 with volume.
Scenario 2: Relief Bounce (Counter-Trend)
• Entry Zone: 178 – 181
• Target 1: 190
• Target 2: 200
• Target 3: 215
• Stop Loss: 172
This setup is only valid if 180 support holds and volume starts to expand on green candles.
Key Levels to Watch
Major Support: 180 / 172
Major Resistance: 190 – 200
Trend Invalidated Above: 205+
Conclusion
$BIFI is still in a strong corrective phase. Until price breaks above 200–205, rallies are likely to be selling opportunities rather than trend reversals. A breakdown below 180 could accelerate the crash toward 160.
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