$BIO Pullback or Reaccumulation? Key Zone Ahead
BIO is trading at $0.0897, cooling off after a massive +48% daily rally. It’s facing resistance at the $0.0943–$0.0960 zone. Volume remains elevated, but price is currently hovering just above a local support.
Key Levels to Watch
• Resistance: $0.0940 – $0.0960
• Support: $0.0890 – $0.0875
Trade Setup
• Bullish Entry: Breakout above $0.0960
• Target 1: $0.0995
• Target 2: $0.1060
• Bearish Entry: Breakdown below $0.0870
• Target 1: $0.0835
• Target 2: $0.0800
A breakout from the current range could fuel another rally. Keep a close watch on price reaction near the $0.094 zone.