$BIO On Fire.

Read before taking any Entry.
$BIO Technical Analysis:

1. Trend:

BIO is in a strong uptrend recently, with higher highs and higher lows.

Price recently touched 0.26356 (resistance) and is now pulling back.

2. EMA Levels:

EMA 6 (0.239) and EMA 12 (0.209) are trending upward, showing bullish momentum.

EMA 20 (0.189) is far below → indicates strong bullish bias.

3. Bollinger Bands:

Price hit the upper band near 0.26 and is now correcting.

Current price (0.237) is between the mid-band and upper band → healthy pullback.

4. Volume:

Recent bullish candles had strong volume, confirming upward move.

Selling volume is weaker compared to buying → buying pressure still stronger.

5. RSI (74):

Slightly overbought but not extreme.

Suggests short-term pullback or sideways before continuation.

6. MACD:

Bullish crossover above zero line → confirms upward momentum.

Histogram shows some reduction → cooling off phase.

📌 Trading Signal (4H Intraday/Short Swing)

Entry Zone:
✅ Around 0.230 – 0.237 USDT (current price zone, good for entry on pullback).

Stop-Loss:
❌ Below 0.210 USDT (below EMA12 support, protects against deeper correction).

Take-Profit Targets:
🎯 TP1: 0.260 USDT (recent high, first resistance).
🎯 TP2: 0.280 USDT (next resistance if momentum continues).
🎯 TP3: 0.300 USDT (psychological level, strong profit zone).

⚠️ Risk Notes:

If price closes below 0.210 on 4H → trend weakness, better to exit.

Since RSI is high, avoid heavy entry → use partial buy and add if price consolidates above 0.23.

Monitor Bitcoin trend as it can impact altcoins.

✅ Summary:
BIO/USDT is in a bullish trend with a healthy correction. Best entry around 0.230 – 0.237, SL 0.210, and targets 0.260 – 0.300.
No Financial Advice. DYOR