$BIFI
BIFI
202.6
-2.45%
Bifi/USDT – Short Technical Analysis (1H)
Trend & Structure
Price is $233.7, above the middle Bollinger Band (MB ~235) after a strong bounce from the lower band.
Bollinger Bands are contracting, suggesting a potential expansion / breakout soon.
Price is consolidating after a sharp move → bullish continuation setup if support holds.
Indicators
Bollinger Bands: Price holding between MB (235) and DN (216.9) → healthy pullback, not breakdown.
Volume: Decreasing → consolidation phase.
MACD: Slightly negative but flattening → downside momentum weakening, possible bullish cross ahead.
✅ Long Entry
Entry Zone: 228 – 232
Logic: Retest of MB / minor support after impulse move.
🛑 Stop Loss
SL: 216
🎯 Take Profits
TP1: 253
TP2: 268
BTCUSDT
Perp
96,659.5
+1.65%