$BIO Analysis
Current Price: 0.1290 (−4.73%)
Trend: Strong recovery from 0.0900 demand zone with bullish continuation.
Structure: Price rejected near 0.1500 resistance and is now consolidating.
Trade Setup
Entry Zone: 0.1200 – 0.1250 (pullback area)
Stop-loss: Below 0.1100 (breakdown level)
Take-Profit Targets:
TP1 → 0.1350 (local resistance)
TP2 → 0.1450 (pre-breakout wick)
TP3 → 0.1500 (major resistance / breakout target)
Next Move
BIO has shown strong momentum after bouncing from 0.0900, confirming demand. A short-term consolidation around 0.1200–0.1250 could provide an entry opportunity. If buyers hold this zone, the next push may target 0.1450–0.1500. Losing 0.1100 may risk a drop back to 0.1000.