$BIO
USDT BEARISH SETUP: RETEST COMPLETED, NEXT DUMP INCOMING šØ
BIOUSDT is forming a clean bearish pattern after a retest of resistance near 0.05206 - 0.05245. The price is struggling to break above this zone, showing exhaustion after the recent corrective pump. This indicates a potential sharp downside move if selling pressure continues.
š» TRADE SETUP
Entry (Short): 0.05200 - 0.05245
Take Profit (TP): 0.04982
Stop Loss (SL): 0.05260
š MARKET OUTLOOK
The trend remains strong bearish with lower highs and rejections at resistance. As long as price remains under 0.05245, sellers remain in control targeting the next support around 0.04980.
ā ļø RISK MANAGEMENT
Risk only 1-2% of your capital per trade to manage volatility and avoid overexposure in uncertain market conditions.
#CryptoTrading #BIOUSDT #ShortSetup #BearishTrend #BinanceAnalysis
š” Comment š» if you agree with this bearish setup!