$BIO

Short Sell Signal for Pair

$BIO USDT 🛑 🚦

Bearish Rejection at Resistance Level:

Short sell signal confirmed 🔻

The price attempted a bullish breakout above the resistance area at $0.0740 but faced strong rejection, forming a bearish structure on the 15-minute chart. This failed breakout, along with the subsequent lower high, indicates a momentum shift towards the downside, suggesting a short-selling opportunity as the market returns from the overbought area.

🔴 Short Sell Setup

• Entry Price: 0.07357

• Stop Loss Price: 0.0773

• Take Profit Price: 0.0665

• Leverage: 10x

• Risk: Use 2-3% of portfolio capital

📉 Market Outlook:

Short-term weakness is expected with difficulty for the price to stay above the local resistance level. Watch for a decline towards the support level near 0.0665. Sellers may dominate unless a strong reversal candle forms above 0.0740.

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