\$BIO
/USDT BEARISH DECLINE – SELLERS DOMINATE
BIO/USDT has dropped almost 30% after failing to sustain above the \$0.30 resistance area. Strong selling pressure indicates bears are in control, with the price now testing the \$0.22 support level. A break below this could accelerate the downward move toward lower levels.
Trade Setup (Short Position):
• Entry: \$0.228 – \$0.235
• Take Profit 1: \$0.210
• Take Profit 2: \$0.195
• Stop Loss: \$0.250
Market View:
Momentum is clearly bearish, with consistent lower highs. A failed rebound shows buyer weakness. Keep an eye on \$0.22—breaking this support will confirm continued downside.
\#CryptoTrading \$BIO
BIOUSDT Perp 0.22565 -29.1%