#BIO HTF Analysis:

Recently, significant activity has been observed on-chain for $BIO, with rumors suggesting that whales are actively accumulating. On the daily chart, $BIO has successfully broken out of the descending channel and is currently facing resistance at the horizontal level. A healthy pullback towards the top of the descending channel would offer an ideal entry opportunity. Alternatively, a confirmed breakout and flip of the horizontal resistance zone would provide a safer long entry. For those unfamiliar, $BIO is widely recognized as the leading project within the DeSci narrative.