📉 $BIO /USDT – Dipping Below Support or Setting Up for a Bounce?
$BIO is down -5.47%, now trading at $0.0536 after rejecting near $0.0583. It's sitting just below all major MAs (7, 25, 99), showing weakness, but the $0.0520 support is still holding — suggesting a possible short-term rebound or consolidation.
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📊 Short-Term Trading Plan (Scalp/Intraday):
🔹 Entry: $0.0535
🔹 Stop-Loss: $0.0515
🔹 Take-Profit Targets:
• TP1: $0.0555
• TP2: $0.0570
• TP3: $0.0585
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📈 Long-Term Swing Trading Plan (2–5 Days):
🔹 Entry Zone: $0.0520–$0.0535
🔹 Stop-Loss: $0.0500 (below strong support)
🔹 Take-Profit Targets:
• TP1: $0.0580
• TP2: $0.0600
• TP3: $0.0625
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🧠 Watch the $0.0546 level closely — reclaiming it could flip the trend back toward bullish.
Volume remains healthy, so momentum could shift quickly. Stay alert and manage your risk.
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