technical breakdown for
$BIO USDT Perpetual Futures (
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🧾
$BIO USDT – Perpetual Futures (1H)
💰 Last Price: 0.06008 USDT
🔻 24h Change: -8.29%
📌 Mark Price: 0.06008
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📊 24H Overview
Metric Value Emoji
🔺 24h High 0.06559 📈
🔻 24h Low 0.05951 📉
🔁 24h Vol (BIO) 181.30M 🔄
💸 24h Vol (USDT) 11.17M 💵
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📉 Price Action (1H Chart)
📉 Downtrend from ~0.06559 to low of 0.05951
⚠️ Bearish pressure with minimal recovery
🔄 Consolidating just above key support level (~0.05950)
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🧱 Key Levels (BINANCE Order Book Snapshot)
Type Zone Note
🛑 Resistance 0.06128 – 0.06588 Layered offers, weak breakout zone
✅ Support 0.05951 – 0.05898 Thin but active bid zone
🎯 Watch Zone 0.06358 Mid-range reclaim target
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📊 Volume & MAs
Metric Value Signal
📦 Volume 768,051 Low activity bar
🟨 MA(5) 6.42M Price below MA – bearish bias
🟪 MA(10) 6.89M Short-term pressure remains
🧮 Total Vol 18.3M May indicate weak follow-through
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🔍 Key Observations
💣 Volume tapering off = indecision or exhaustion
🧯 No bullish engulfing or hammer yet to suggest reversal
🧊 Price near support, but no major bounce signal yet
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📌 What to Watch
✅ Above 0.06128–0.06358 = could trigger a push to test 0.06550+
❌ Break below 0.05950 = opens room to fall toward 0.05700–0.05600
⚖️ Neutral-to-bearish bias unless bulls defend 0.060 strongly
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🧠 Want More?
I can quickly provide:
📐 Fibonacci retracement zones
💡 Trade setups (scalp or swing)
🔥 Liquidation hotspots
📅 Multi-timeframe confluence (1H, 4H, Daily)
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> BIO is under pressure, hovering at a key support cliff — look for volume reaction or a false breakdown wick to gauge what's next 🧠🔍.
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