$BIO /USDT BEARISH REVERSAL AFTER STRONG RALLY 🚨

After a sharp bullish spike, $BIO/USDT faced heavy resistance near 0.1704 and formed a rejection wick, indicating selling pressure. The recent red candles confirm profit-taking, with price now consolidating near 0.1478. Unless bulls regain momentum, a short-term pullback looks more likely.

Trade Setup:

Entry (Short): 0.1480 – 0.1500

Targets (TP): 0.1460 / 0.1420

Stop Loss (SL): 0.1705

Market Outlook:

BIO/USDT is showing early signs of a correction after an overextended pump. Short-term traders should look for quick downside plays, while long-term investors may wait for a strong support retest before entering.

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