🔻 Support Levels: Identify the nearest supports on the chart (zones where price may bounce). If these break, more downside is likely.
📉 Trend Confirmation: Look for lower highs + lower lows forming. If momentum indicators (like RSI or MACD) show bearish divergence, that strengthens the case.
🧾 News/Volume: Any negative catalysts or unusual sell volume could push $BIO
lower.
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