šŸšØ $BIFI /USDT ā€“ Downtrend Alert šŸšØ

šŸ”» Current Price: $398.8 (-0.57%)

šŸ”» 24H Range: High $407.7 | Low $387.1

šŸ“‰ Market Analysis:

BIFI/USDT continues to trade in a downtrend, respecting the descending trendline. A rejection at resistance near $410 has triggered bearish momentum, suggesting further downside risk toward the $380 support level.

šŸ“Š Key Levels:

Resistance: $410

Support: $380

Bearish Target: $360

āš ļø Outlook:

Watch for a breakdown below $380, which could accelerate the bearish move toward $360. Traders are advised to monitor for confirmation and adjust stop-losses accordingly.

šŸ” Trade Strategy:

Bears: Look for short entries below $380.

Bulls: A breakout above $410 may reverse the trend.

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