$BIO /USDT – Short Trade Setup Near Resistance
BIOUSDT
Perp
0.0527
-7.57%
$BIO has rebounded sharply but is nearing a key resistance zone around $0.0533–$0.0540. Rejection expected unless bulls break with volume.
Short Entry: 0.0532 – 0.0535
Take Profit 1: 0.0517
Take Profit 2: 0.0508
Take Profit 3: 0.0495
Stop Loss: 0.0542
Technical Snapshot:
• Strong wick rejections near $0.0538 in the past
• Bearish engulfing potential forming at resistance
• Volume fading as price pushes higher
• Favoring lower high setup after relief bounce
Patience is key—enter on confirmation candle. Manage risk accordingly.
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