$BIO
USDT BULLISH SETUP ā POTENTIAL REVERSAL FROM SUPPORT ZONE
š Market Explanation:
$BIOUSDT is showing signs of bottoming out near its strong support zone with multiple rejection wicks, indicating buyers are stepping in for a possible upside move towards the next resistance levels.
š Key Levels:
Resistance: $0.0530 ā $0.0535
Support: $0.0491 ā $0.0495
Current Price: $0.0497
š” Trade Setup (Long Entry):
Entry: $0.0496 ā $0.0494
Take Profit (TP): $0.0530 ā $0.0535
Stop Loss (SL): $0.0491
š Short Market Outlook:
The pair is attempting a bullish reversal from the current demand zone. If buyers hold this level, a rally towards the resistance zone around $0.0535 is expected in the coming sessions.
ā ļø Risk Management:
Use strict position sizing. Risk only 1-2% per trade. Confirm with bullish candle close above entry before taking positions to avoid false breakouts.
š¬ Comment āšā if you believe this bullish move is coming!
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buy and trade here on $BIO