$BIO /USDT – Short Trade Opportunity
BIO/USDT recently posted a strong upward move, gaining over 22% in the last 24 hours. However, on the 15-minute chart, price action shows rejection near the resistance zone around 0.1950, with sellers stepping in to cap further upside. This setup indicates a possible short-term pullback after the rapid rally.
Entry: 0.1865
Target 1: 0.1750
Target 2: 0.1700
Target 3: 0.1657
Stop-Loss: 0.1990
Risk Management: Allocate only 3–5% of your capital to this trade. Move stop-loss to entry after Target 1 is achieved to secure gains and minimize risk.
Pro Tip: Watch closely for weakening volume near resistance levels; sustained selling pressure could accelerate the retracement towards lower support zones.