$BIO Is Waking Up!
$BIO is starting to show signs of a potential reversal after touching the 0.0489 support zone.
On the 15m timeframe, buyers are beginning to step in again, and the candles are forming a small bullish structure right above strong liquidity.
The MA(7) is trying to curl upward, and volume is stabilizing — which often hints at a buildup before a breakout. If momentum continues, the next resistance to watch is 0.0500, followed by 0.0506. A clean break above these levels could trigger a stronger move.
BIO has been forming a short-term base, and assets often push upwards when sellers weaken and accumulation starts.
Not a signal — just market observation. 📊
#BIO |
@BIO Protocol 🔹 Trend Overview (15m Chart):-
Price touched 0.0489, a clear local support.
After that, small green candles indicate buyer reaction.
Current price: 0.0492 — slightly recovering.
✓ Moving Averages:-
MA(7): 0.0492 → starting to flatten and try to curve upward.
MA(25): 0.0500 → still above price, acting as near resistance.
MA(99): 0.0499 → major resistance zone; breaking it would confirm reversal.
✓ Volume:-
Volume is decreasing — this usually means:
Selling pressure has cooled.
Market might be preparing for a volatility expansion (a move).
✓ Key Levels:-
Support:
0.0489 (strong—price bounced exactly here)
0.0486 (24h low)
Resistance:
0.0499 – MA99
0.0500 – psychological + MA25
0.0506 – next supply zone
✓ Short-Term Expectation:-
If BIO holds above 0.0490, it can push back toward 0.0500 – 0.0506.
If price rejects from MA99/MA25, BIO may retest 0.0489 again.
✓ Bias:-
Cautious Bullish — early signs of reversal, but needs confirmation above 0.0499.