🚨 $BIFI – Post-Spike Caution TA & Trade Plan

Market Snapshot :

• Current Price: ~319 USDT

• 24H Move: +200%+ (Extreme spike)

• Structure: Vertical pump → sharp wick → consolidation

RSI:

• 1D: ~97 (extreme overbought)

• 4H: ~87 (overbought)

• 1H: ~60 (cooling)

• 15m: ~32 (short-term oversold after dump)

Bollinger Bands: Price expanded far beyond upper band → mean reversion in progress

Volume: Climax volume during spike, declining afterward (distribution risk)

BIFI

126.8

+1.44%

📉 Technical Analysis

• The $7,551 wick is a liquidity sweep / blow-off top, not sustainable price action.

• Current range (~300–330) is post-dump consolidation, typical after manipulation-like moves.

• Trend is unstable: High volatility + weak follow-through volume.

• Expect either sideways chop or another leg down before any healthy continuation.

🎯 Key Levels

Immediate Resistance:

• 330 – 352 (BOLL mid/upper on lower TFs)

Major Resistance:

• 417 – 480

Support Zones:

• 300 – 275 (range base)

• 250 – 230 (strong demand zone)

• ⚠️ Below 230 = high probability continuation dump

📌 Trade Strategy (Cautious)

❌ Avoid FOMO Longs at Current Levels

Safer Long Setup (Only if):

• Entry: 260 – 240 zone

• Stop-Loss: < 220

Targets:

• T1: 300

• T2: 350

• T3: 420

• Size: Small (high-risk asset)

Short-Term Scalping (Experts only):

• Sell rejection near 330 – 350

• Tight SL above 370

• Quick targets: 300 → 280

⚠️ Risk Notes

• This is a low-liquidity, spike-and-dump structure

• Indicators confirm distribution phase, not trend continuation

• Protect capital → wait for confirmation, not candles

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Coins to Watch: BTC | $ETH | $BNB

⚠️ Disclaimer: Not financial advice. High volatility asset. Trade with strict risk management.

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