๐ $BIO Market Update
$BIO is trading at $0.1493 slightly up +10.02% from the last close. Today it bounced strongly from a low of $0.1213 to a high of $0.1534 showing buyers are still in control and the bullish trend may continue.
๐ข Fibonacci Levels
38.2% retracement โ $0.1206
50% retracement โ $0.1137
61.8% retracement โ $0.1068
โก If the price pulls back and holds above these levels it could be a strong signal for another move upward.
๐ RSI Check
The RSI is at 69.67 close to the overbought zone. This means momentum is strong, but short term pullbacks are possible.
๐ฏ Entry Zones
Safer Entry: Around $0.1206 (38.2% Fib). Stop loss below $0.1137.
Aggressive Entry: Current levels ($0.1509). Stop loss below $0.1400.
๐ฐ Take Profit Targets
TP1: $0.1600 โ near recent resistance.
TP2: $0.1700 โ aiming for previous highs.
๐ Stop Loss Ideas
Conservative: Below $0.1137 (deeper protection).
Tight: Below $0.1400 (for minimal risk).
๐ Bottom line: $BIO looks bullish, but with RSI near overbought, itโs smart to plan entries carefully and manage risk with proper stop losses.
