$BIO
/USDT – Strong bullish reversal, long setup in play
BIO
0.2459
+55.92%
$BIO rose from its low of $0.1873 to $0.2645, showing a strong bullish breakout with high trading volume. After a healthy correction, the price is consolidating near $0.2490, maintaining a key support level at $0.2340. Maintaining this higher structure indicates strong momentum for another increase.
Long entry: $0.2480 – $0.2500
Targets: $0.2580 / $0.2650 / $0.2800
Stop loss: below $0.2340
As long as the bulls defend the support level of $0.2340, continuing the upward trend remains the prevailing play with buyers aiming for new highs.