In short, on the futures I shorted 80$ in long from the bio-toilet, then closed it and went to short. Thanks to this wonderful coin 😂🥳🔥 I made a profit
Maxim S
--
📉 BIO/USDT – Rebound or Further Decline
Current Price: 0.1642 USDT 24h Change: -19.94%
Trend:
The recent sharp rise has been followed by an equally sharp decline → possible correction or reversal after the peak.
The price is below all EMAs (7, 25, 99) → bearish short-term and medium-term trend continues.
Indicators:
MACD: MACD line is below the signal line, histogram is negative → confirms bearish momentum.
Stochastic RSI: %K and %D are at the lower boundary → overbought, a rebound is possible with increased buying demand.
RSI: RSI(14) = 25, RSI(7) = 12 → oversold zone, hints at a potential reversal.
Conclusion: The BIO/USDT pair is in a bearish phase, but there are signs of a possible short-term rebound. Caution is advised, the trend remains downward.
🔹 Possible Entry Points and Targets
Entry Zone (for cautious rebound): 0.162 – 0.166 USDT
Growth Targets (Take Profit):
🎯TP1: 0.175 USDT (short target, ~6%)
🎯TP2: 0.185 USDT (medium target, ~12%)
🎯TP3: 0.191 USDT (medium-term target, EMA 25 level)
Alternative more conservative plan:
Short-term target: 0.170 USDT (~3.5%)
Stop-loss: below 0.160 USDT (~2.5% risk) $BIO
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.