BullishBanter
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Bearish
$BIO / USDT – Entering Retest Phase After Strong Rally
BIO delivered a massive move, reaching a high of $0.3254 before pulling back into a correction phase. The price is now consolidating near $0.2719, suggesting that bulls are taking a pause after the strong rally.
This pullback looks like a healthy retest of lower levels, allowing the market to reset before the next possible breakout. Key support sits around $0.2460–$0.2500, and holding above this zone will be important for maintaining bullish structure.
If buyers step back in with volume, upside targets to watch are:
→ $0.2950
→ $0.3100
→ $0.3250 (previous high)
For now, BIO is in a correction/retest phase. Traders should monitor support levels closely and look for confirmation before the next upward push.
$BIO
BIO delivered a massive move, reaching a high of $0.3254 before pulling back into a correction phase. The price is now consolidating near $0.2719, suggesting that bulls are taking a pause after the strong rally.
This pullback looks like a healthy retest of lower levels, allowing the market to reset before the next possible breakout. Key support sits around $0.2460–$0.2500, and holding above this zone will be important for maintaining bullish structure.
If buyers step back in with volume, upside targets to watch are:
→ $0.2950
→ $0.3100
→ $0.3250 (previous high)
For now, BIO is in a correction/retest phase. Traders should monitor support levels closely and look for confirmation before the next upward push.
$BIO
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