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Summary
• Price surged over 24 hours from 192.0 to 256.4, breaking above key resistance at 229.0.
• Strong bullish momentum continued with RSI hitting overbought levels, suggesting possible pullback.
• Bollinger Bands expanded as volatility increased, with price closing near upper band on final 5-minute candle.
• Volume and turnover surged in the last 6 hours, confirming strength in the final push toward 256.4.
• A 5-minute bullish engulfing pattern emerged near 213.0, followed by a strong 207.0–229.0 breakout.
At 12:00 ET–1 on 2026-01-11, Beefy/Tether (BIFIUSDT) opened at 192.0 and closed at 256.4 after hitting a high of 268.0 and a low of 186.9. Total volume was 36,380.525, with notional turnover of 7,714,063.58.

Looking ahead, the market appears to be in a strong bullish phase with high momentum, but the overbought RSI suggests caution. Investors should monitor for potential pullbacks near 239.0 and be wary of a reversal if volume declines significantly in the next 24 hours.
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