🔥 $BIO
Makes a Powerful Comeback — All Fibonacci Levels Hit! What’s Next? 🚀
BIOUSDT
Perp
0.12178
+16.65%
On the 4-hour chart, $BIO has made an impressive recovery, successfully touching all our key Fibonacci retracement levels. The price currently trades around $0.1301, reclaiming much of its recent losses.
Key Takeaways:
✅ All key Fibonacci levels ($0.0956, $0.1025, $0.1068, $0.1137, $0.1206) have been reached, confirming strong bullish momentum and a solid retracement.
What’s Next?
$BIO is now testing an important resistance zone. A clear breakout above this could trigger a continuation of the upward trend.
Potential Targets:
🎯 Short-term: $0.1350 to $0.1400 (if momentum sustains)
🎯 Mid-term: Previous swing highs
Support Levels to Watch:
🛡️ $0.1206 (last Fibonacci level now acting as support)
🛡️ $0.1137 (key support zone)
This successful retracement signals bullish strength, but the next move hinges on whether buyers can push through the current resistance. Monitor volume and price action closely at this critical juncture.