๐ $BIO /USDT โ Bearish Pressure After Sharp Drop
Current Price: $0.1198 (Rs34.01)
Change: -10.26% ๐
24h High / Low: $0.1377 / $0.1167
24h Volume: 396.39M BIO (~$50.93M)
Category: Launchpool
๐ Order Book Depth (Key Levels)
Resistance Levels: 0.1388 โข 0.1341 โข 0.1295
Support Levels: 0.1249 โข 0.1203 โข 0.1156
๐ Momentum Analysis:
BIO/USDT has faced heavy selling pressure after failing to sustain above $0.13. The price is hovering just above $0.12 support, with volume still elevated โ suggesting more downside risk if buyers donโt step in.
๐ฏ Possible Trading Plan (Short-term)
Entry Zone (Long scalp): $0.1165 โ $0.1205
Targets: T1 $0.125 โข T2 $0.129 โข T3 $0.134
Stop Loss: $0.1145
Breakout Confirmation: Strong candle close above $0.1341 with volume.
Key Support: $0.1167
๐ก Pro Tip: Watch the $0.1167 floor โ if it breaks with volume, a quick dip to $0.112 is possible before a potential rebound.