๐ $BIO /USDT โ Bio Protocol Price Action
Current Price: $0.1117
24h Change: -6.13% โ ๏ธ
After consolidating around $0.118 โ $0.122, BIO has experienced a pullback. Sellers are currently in control, but the $0.111 โ $0.112 zone could act as strong support. This may offer a potential buying opportunity if bullish momentum returns.
Key Levels & Trade Setup:
Entry Zone: $0.111 โ $0.112
Take Profit 1: $0.115
Take Profit 2: $0.118
Take Profit 3: $0.122
Stop Loss: $0.109
Watch for a volume increase near support as confirmation of a potential rebound. Buying in stages can help manage risk effectively.
The trend shows a recent downward pullback with potential for reversal. $0.111 now acts as immediate support, while $0.115 โ $0.118 are key resistance zones. Place stop loss just below support to limit potential losses.