🔰 $BIO
USDT BULLISH REVERSAL – PREPARING FOR A STRONG UPSIDE MOVE
$BIOUSDT is currently trading at 0.04848, showing signs of consolidation near the support zone after a previous strong bullish impulse. The market structure indicates a potential reversal with buyers defending the 0.04800 zone, setting the stage for a breakout towards higher targets.
📊 Trade Setup (Long):
Entry Zone: 0.04840 – 0.04860
Take Profits:
➡️ TP1: 0.05000
➡️ TP2: 0.05200
➡️ TP3: 0.05519
Stop Loss: 0.04689
🌐 Market Outlook:
The price action is forming higher lows with strong rejection wicks from support, indicating buyer accumulation. A breakout above the immediate resistance at 0.05000 could fuel rapid momentum towards the 0.05500 zone.
⚠️ Risk Management:
Use strict SL placement below structural lows to minimise downside risk while riding this bullish momentum.
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buy and trade here on $BIO