$BIO
USDT BEARISH REVERSAL: SELLERS TAKING CONTROL BELOW KEY LEVEL
$BIOUSDT is showing weakness as it fails to hold above the minor support zone near 0.0525, indicating sellers are stepping in aggressively. If this bearish momentum sustains, a deeper drop is expected towards lower supports.
🔑 Key Levels:
Resistance: 0.0534 – 0.0537 (strong supply zone where rejection is visible)
Support: 0.0494 (major demand zone)
Current Price: 0.0522
📉 Trade Setup (Short):
Entry: 0.0522 – 0.0525
Take Profit (TP): 0.0494
Stop Loss (SL): 0.0534
📊 Market Outlook: BIO is failing to sustain bullish attempts above resistance levels, suggesting trend continuation to the downside. Sellers are in control below 0.0525 and bearish targets remain intact unless price reclaims above resistance with volume.
⚠️ Risk Management: Always use position sizing to limit risk per trade to 1-2% of your portfolio. Follow SL strictly to avoid deeper losses in volatile conditions.
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buy and trade here on $BIO