$BIO Liquidity Sweep + Breaker Retest
Context:
Price swept below the previous weekly low (PWL) around 0.045x, triggering stops and tapping into demand. Sharp reversal followed, with a clean engulfing candle breaking structure to the upside and taking out intraday highs.
Entry Idea:
• Type: Long (Buy)
• Trigger Zone: 0.0465–0.0480 (retest of the breakout candle + possible breaker block)
• Confirmation: Bullish 15m/1h SFP or bullish engulfing in this zone
Invalidation:
• Clean 4H close below 0.0450 (PWL)
• Break below the last swing low
Target Zones:
• TP1: 0.0550 (short-term liquidity pocket)
• TP2: 0.0600 (Previous Weekly High – PWH)
• TP3: 0.0655–0.0670 (inefficiency fill & supply zone)
Risk-Reward: Approx. 1:3 to 1:4 depending on entry
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