📉 $BIO /USDT – Momentum Cooling After Pump! ⚡
$BIO is trading at 0.2691 (+16.19%), pulling back sharply from its 24h high of 0.3254 after a strong rally from the 0.2326 support zone. The rejection near the highs and consecutive red candles suggest profit-taking, with downside pressure likely if buyers fail to defend current levels.
🔑 Key Levels:
🚫 Resistance: 0.2890 – 0.3250
📉 Support: 0.2620 – 0.2480
⚖️ Mid-Level: 0.2750
📊 Bearish Trading Setup:
Entry Zone: 0.2700 – 0.2780
🎯 Target 1: 0.2620
🎯 Target 2: 0.2480
🎯 Target 3: 0.2320
🛑 Stop Loss: Above 0.2900
⚡ Pro Tip: If 0.2620 breaks, momentum could accelerate toward 0.2480, making short setups favorable in this retracement phase.