šØ $BIFI/USDT Trading Signal šØ
$BIFI
$346.2
+1.35%
š” Signal Type: Bullish Momentum
š Timeframe: 4H Chart $BIFI
š Key Levels to Watch:
Support: $340.00 ā A strong support level for potential upward movement.
Resistance: $355.00 ā Breaking this level could trigger further upside.
šÆ Trade Setup:
Entry Zone: $344.00 - $346.00
Take Profit Levels (TP):
1ļøā£ TP1: $350.00 (+1.15%)
2ļøā£ TP2: $355.00 (+2.55%)
Stop Loss (SL): $338.00 (-2.37%)
š Market Insight:
$BIFI is showing consistent bullish momentum as it consolidates near key support levels. A breakout above $350.00 could initiate the next leg up towards $355.00.
š” Strategy Recommendation:
Enter around $344.00 - $346.00.
Use a stop-loss at $338.00 to limit risk, with profit targets at $350.00 and $355.00.
š¢ Note: Watch for volume increases to confirm the breakout and continuation of the bullish trend.