$BIO – Bullish Trend Continues
BIO is demonstrating a strong bullish trend, currently trading at $0.1363, with a 20.73% increase in the last 24 hours. The price has shown resilience, bouncing off the support level and surging towards the resistance zone. The moving averages (MA7: $0.1318, MA25: $0.1284, MA99: $0.1267) indicate a positive trend, with the short-term MA above the long-term MA, suggesting continued upward momentum.
Trade Setup:
Entry Zone: $0.134 – $0.136 (on confirmation of bullish hold)
Stop Loss: Below $0.128
Target 1: $0.14
Final Target: $0.15+
Risk Management:
Limit risk to 1–2% of capital per trade. Consider taking partial profits at $0.14 and move stop loss to breakeven to secure gains while aiming for a breakout continuation above $0.15.
