#BIO Morning Analysis
From the 1-hour candlestick chart, BIO peaked at 0.32495 and then underwent a deep pullback, consolidating downwards to form a descending flag. #BinanceHODLerDOLO
On the indicators, the KDJ three lines are turning upwards, indicating rebound momentum, while the MACD red bars are shortening, showing bullish fatigue.
Operations are divided into two categories: Aggressive traders can take light positions in the 0.14-0.135 range
with a long target of 0.155-0.175 USD and a stop loss around 0.13.
Conservative traders should wait for a price breakout of the flag pattern with accompanying volume before choosing an entry direction!