💥 $BIO

USDT BEARISH BREAKDOWN – DOWNSIDE PRESSURE STILL ACTIVE 💥

$BIOUSDT has broken below its key support zone, signalling strong bearish continuation. The price is currently at 0.0522, showing a clear rejection from the resistance around 0.0570 – 0.0571 and failed to reclaim the mid-support of 0.0535, leading to a sharp sell-off.

🔑 Key Levels:

Resistance: 0.0570 – 0.0571

Mid Resistance: 0.0535

Support: 0.0510 – 0.0505

Current Price: 0.0522

📉 Trade Setup (Short):

Entry: 0.0525 – 0.0530 (on minor pullback)

Targets: TP1 0.0515, TP2 0.0505

Stop Loss: 0.0561

📊 Market Outlook: BIOUSDT shows bearish market structure with consistent lower highs and lower lows. A break below 0.0505 can trigger further sell-off towards the next support near 0.0485. However, aggressive short entries must ensure confirmation on volume and price rejection at resistance.

⚠️ Risk Management: Risk only 1-2% per trade. Maintain strict discipline on SL execution as sudden reversal above 0.0561 will invalidate the bearish setup.

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