$BIO /USDT: Bulls on the Rise with Corrective Potential
The price of BIO/USDT is at $0.2725, up 17.51% in 24 hours after a strong rally from $0.2300, followed by a recent correction.
Technical analysis: Key support at $0.2234 (daily low), with immediate resistance at $0.3254 (daily high). A bullish breakout above $0.3254 could target $0.3500, while a failure could lead bears to $0.2300. The bullish structure prevails, but decreasing volume suggests caution.
Conclusion: Bulls dominate in the short term, but a pullback is possible. Watch key levels to confirm the direction.