📊 $BIFI – 4H Technical Analysis Update

💰 Current Price: $120

📉 Trend: Bearish (Lower Highs & Lower Lows)

📍 RSI(6): 31 – Near Oversold Zone

🔎 Market Structure

After peaking near $157, BIFI has been trending downward. Price is now approaching a key support zone, where a potential reaction could occur.

🟢 Key Support:

$115–$117

🔴 Key Resistance:

$123

$131

📈 Possible Scenarios

✅ Bullish Scenario:

If price holds above $115 and shows a strong bounce:

Targets → $123

Next → $131

❌ Bearish Scenario:

If $115 support breaks:

Targets → $110

Next → $100

⚠️ The overall trend remains bearish until a confirmed reversal structure forms.

Always use proper risk management and stop loss.

#BIFI #crypto #TechnicalAnalysis