$BIO (Bio Protocol) Alert

Type: Short Squeeze Watch — shorts just got liquidated, hinting at bullish momentum ahead

Current Price: ~$0.118 → recalling real-time data confirms ~−5–6% drop in the last 24 hours

CoinGecko: $0.1198, down −6.19%

Kraken: ~$0.12, down −5.65%

Market Feeling: Bullish — shorts were recently liquidated (≈ $1.601K at $0.12041), showing buyer strength and a possible bounce setup.

Buy Zone: $0.116 – $0.119 (ideal entry after liquidation dip, wait for support confirmation)

Target Prices:

Target 1: $0.125 – A near-term recovery level, back toward recent consolidation highs.

Target 2: $0.130 – If momentum continues, aiming above recent resistance.

Stop-Loss: $0.113 (just below key support zone to limit downside if reversal fails)

Key Support & Resistance:

Support: ~$0.116 – recent buy zone post-liquidation.

Resistance: ~$0.125 – level to beat for bullish continuation; next barrier ~ $0.130.

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Summary:

BIO just flashed a short liquidation alert around $0.1204, which could signal bullish reversal as sellers were forced out. Now, dip-buyers can look to enter near $0.116–$0.119. If bulls hold, a run toward $0.125 and potentially $0.130 could play out. But always use a tight stop around $0.113 to manage risk.

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