$BIO
USDT BEARISH BREAKDOWN – STRONG SELL PRESSURE AHEAD
$BIOUSDT is showing clear bearish momentum as price breaks below the key support zone. The structure indicates a continuation towards lower levels with strong sell-side volume backing the move.
🔑 Key Levels:
Resistance: $0.05153 – $0.05118
Support: $0.04966
Current Price: $0.05027
📊 Trade Setup (Short):
Entry: $0.05050 – $0.05120 (on any minor pullback)
Take Profit: $0.04966
Stop Loss: $0.05153
💡 Market Outlook:
The downtrend remains intact with consecutive lower highs and lower lows on the 30m timeframe. Bears are dominating below $0.05120, and if price retests this broken zone as resistance, expect a sharp push towards $0.04966.
⚠️ Risk Management:
Always use stop loss as planned. Risk only 1-2% of your capital per trade and avoid over-leveraging during high volatility sessions.
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buy and trade here on $BIO