BIFIBUSD (BEEFY.FINANCE) - POTENTIAL BUY ENTRY

ANALYSIS 🔎
- BIFIBUSD is testing the ATL (all-time low) support.
- Price action is printing the double bottom (DB) trend reversal pattern.
- The double bottom pattern is a bullish reversal pattern.
- The downtrend is resisted by the descending trendline resistance (DTR).
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the descending trendline resistance and the double bottom neckline resistance (R1).

TARGET 🎯
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the double bottom horizontal support level (S1).