$BIO /USDT BEARISH SETUP ANALYSIS š
⢠Current Price: 0.0602
BIO is rejecting from the upper resistance zone and forming lower highs, signalling weakening bullish strength. Sellers are gaining momentum as price approaches key support levels.
š¹ KEY LEVELS
Resistance Levels:
⢠0.0611 ā Immediate resistance
⢠0.0621 ā Major supply zone
⢠0.0629 ā 0.0632 ā Strong rejection area
Support Levels:
⢠0.0592 ā First support
⢠0.0584 ā Key support
⢠Below this, selling pressure can intensify
šÆ TRADE SETUP ā SHORT ENTRY
Entry Zone: 0.0608 ā 0.0615
Take Profit Targets:
⢠TP1: 0.0592
⢠TP2: 0.0584
⢠TP3: 0.0575 (if breakdown extends)
Stop Loss: Above 0.0629
As long as BIO trades below 0.0621ā0.0629, bearish sentiment stays valid.
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