Trader Rai
--
Bearish
$BIO /USDT Trading Signal – Bearish Correction or Bounce Opportunity?
Current Price: $0.7095 (-9.56%)
Timeframe: 1H Chart (Binance)
Short Trade Setup
Entry Zone: $0.715 - $0.720
Take Profit (TP) Levels:
TP1: $0.680
TP2: $0.650
TP3: $0.620 (extended target)
Stop Loss (SL): $0.740
Long Trade Setup (Reversal Play)
Entry Zone: $0.700 - $0.710
Take Profit (TP) Levels:
TP1: $0.750
TP2: $0.780
TP3: $0.800
Stop Loss (SL): $0.680
Market Insight
BIO is experiencing significant downward pressure, with key support levels near $0.700. Traders may look for a breakout in either direction, with opportunities for both short and long setups depending on volume and momentum shifts.
Pro Tip:
Wait for confirmation of trend direction before entering trades. Use proper risk management and adjust stop-loss as targets are achieved.
Tags:
#BIO #CryptoSignals #BinanceTrading #TechnicalAnalysis #Write2Earn!
Current Price: $0.7095 (-9.56%)
Timeframe: 1H Chart (Binance)
Short Trade Setup
Entry Zone: $0.715 - $0.720
Take Profit (TP) Levels:
TP1: $0.680
TP2: $0.650
TP3: $0.620 (extended target)
Stop Loss (SL): $0.740
Long Trade Setup (Reversal Play)
Entry Zone: $0.700 - $0.710
Take Profit (TP) Levels:
TP1: $0.750
TP2: $0.780
TP3: $0.800
Stop Loss (SL): $0.680
Market Insight
BIO is experiencing significant downward pressure, with key support levels near $0.700. Traders may look for a breakout in either direction, with opportunities for both short and long setups depending on volume and momentum shifts.
Pro Tip:
Wait for confirmation of trend direction before entering trades. Use proper risk management and adjust stop-loss as targets are achieved.
Tags:
#BIO #CryptoSignals #BinanceTrading #TechnicalAnalysis #Write2Earn!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.