The $BIO /USDT trading chart highlights a strong upward momentum, with the token currently priced at 0.2758 USDT, reflecting a significant +16.27% daily gain. This surge has pushed the price closer to its 24-hour high of 0.2892 USDT, well above its daily low of 0.2190 USDT, suggesting strong bullish activity within the day. The trading volumes also support this uptrend, with BIO seeing 372.33M traded against 89.54M USDT, pointing to active market participation and growing investor interest.
From a technical perspective, the moving averages reinforce the bullish outlook. The MA(7) at 0.2446 and MA(25) at 0.2366 both trend above the longer-term MA(99) at 0.1944, signaling sustained upward momentum. Additionally, trading volume has spiked significantly, with 77M current volume far exceeding both the MA(5) volume of 26M and the MA(10) volume of 17.6M, which often indicates strong buying pressure. If this momentum holds, BIO could attempt to break above its recent resistance near 0.2892, while support appears to be forming around the 0.2366 MA(25) level.