$BIO – CONSOLIDATING AFTER SHARP DROP, POTENTIAL BOUNCE AHEAD
$BIO USDT is currently trading at $0.09168 (-4.89%), after bouncing off the $0.08768 support zone. Despite short-term bearish momentum, price is stabilizing above MA(7), suggesting a possible recovery if volume sustains.
TRADE SETUP – BOUNCE OR BREAKOUT WATCH
Entry: $0.091 – $0.092
TP1: $0.096
TP2: $0.099
TP3: $0.102
Stop-Loss: $0.087
Outlook: Price has absorbed heavy sell-off volume (1.14B BIO, $109.76M USDT) and now forming a possible bottoming pattern. A reclaim of MA(25) at $0.0926 could initiate a bullish wave.
PRO TIP: Watch for a strong 15m or 1h close above $0.093 with rising volume for early confirmation of reversal.
