$BIO – SHARP REJECTION AT HIGH, BEARS STEP IN!
$BIO rallied strongly from $0.1268 but faced heavy rejection at $0.1451, where sellers quickly pushed the price lower. The strong red candle following the peak signals profit-taking and rising selling pressure. If $0.137 breaks, the price could slide further toward $0.133 and $0.129 support zones.
📉 Short Setup
Entry: $0.1375 – $0.1390
Target 1: $0.1335
Target 2: $0.1295
Stop Loss: $0.1455
Bulls failed to hold higher levels, and increasing volume on the rejection suggests sellers may dominate the next move. Watch for continuation toward support levels.