💹 $BIO /USDT Update
$BIO is showing solid bullish momentum right now, with support building around $1.95 and resistance at $2.40. If price can push and hold above that resistance, it could open the door to a stronger rally.
🔢 Fibs in Play
The range is currently between the 0.382 retracement at $2.05 and the 0.618 retracement at $2.35. Staying above 0.382 is key, while reclaiming 0.618 would set up a clean breakout.
📊 RSI Check
RSI is sitting near 62 — showing strong buying pressure but still under overbought territory. Bulls are in control, but keep an eye out if it spikes above 70 (profit-taking zone).
🎯 Entries
Safer Play: Accumulate around $2.00–$2.05, where support and Fib levels line up.
Aggressive Play: Wait for a confirmed breakout above $2.40 for momentum continuation.
💰 Take Profit Targets
TP1: $2.70
TP2: $3.10 (major resistance + psychological level)
🛡️ Stops
Conservative: below $1.90
Tighter risk: just under $2.05 for short-term trades.
👉 With support holding and volume confirming, $BIO is lining up for a bullish continuation setup.