$BIO /USDT – Short Trade Setup
BIO/USDT is showing sharp bearish momentum after facing heavy selling pressure. The pair has dropped nearly 20% today, breaking below short-term support zones and signaling further downside potential. The current volume profile supports continuation to the downside unless strong buyers step in quickly.
Entry: 0.2020 – 0.2040
Targets:
TP1: 0.1830
TP2: 0.1450
TP3: 0.1110
Stop-Loss: Above 0.2460
Risk Management: Allocate only 3–5% of your capital per trade. Once TP1 is achieved, shift stop-loss to entry to secure the position and reduce risk exposure.
Pro Tip: Watch the volume closely. If selling pressure remains consistent near support levels, continuation to lower targets becomes highly probable. However, a sudden spike in buying volume may indicate a short-term relief bounce.
