$BIO /USDT- is showing a bullish continuation
Holding firm above the $0.84 support and eyeing resistance at $0.96. The structure favors upside momentum as long as the $0.80 handle remains intact.
Fibonacci Levels:
The recent correction respected the 0.382 retracement ($0.83), signaling strong demand.
0.5 retracement: $0.78 (secondary support)
0.618 retracement: $0.74 (critical defense)
Upside Fibonacci extensions project $1.05 (1.272) and $1.12 (1.414) as next targets if momentum accelerates.
RSI:
Currently around 61 on the daily – leaning bullish but not overheated, leaving enough room for a rally before hitting overbought conditions.
Entry Zones:
Safer Entry: $0.84–$0.86 (buying near strong support)
Aggressive Entry: Breakout confirmation above $0.96 with volume.
Take-Profit Zones:
TP1: $1.02 (short-term breakout target)
TP2: $1.12 (extension target).
Stop-Loss Ideas:
Conservative: Below $0.78 (0.5 retracement, deeper safety net).
Tight: Below $0.83 (recent local support).
📈 $BIO is at a pivotal breakout stage holding the $0.84 base keeps the bullish case alive, while a decisive close above $0.96 could trigger the next rally leg.
