📉 $BIFI Correction Mode: Beefy Finance Pulling Back 📉
BIFI
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Current Price: $242.0 (-14.76% 📉 in 24h)
24h High: $308.0 | Low: $230.0
24h Volume: ~$53M (BIFI + USDT sides) 🔥
Chart shows profit-taking after the recent run-up from ~$200 levels – now testing support around MA(7) at $248 and the uptrend line. Still well above longer-term MAs, but momentum cooling.
$BIFI is the governance token for **Beefy Finance**, the veteran multichain DeFi yield optimizer (5+ years strong) that auto-compounds your farms across dozens of chains for max APYs. Fixed 80K supply + real revenue share to stakers. 🥩
Dip buying opportunity or more downside ahead? Thoughts? 👀