$BIO Struggles at $0.0700 – Rally Fading or Just a Pause?
BIO/USDT saw a solid 10.7% intraday jump, but price is now facing rejection around the $0.0700 mark. After a series of higher lows, momentum has stalled — traders are watching this zone closely for the next decisive move.
Key Levels to Watch
• Resistance Zones:
• $0.0700 – Immediate hurdle
• $0.0712 – Short-term breakout
• $0.0725 – Bullish continuation zone
• Support Zones:
• $0.0686 – Local support
• $0.0665 – Structure retest level
• $0.0619 – Daily low
Trade Setup
Bullish Scenario:
• Entry: Break and hold above $0.0700
• Target 1: $0.0712
• Target 2: $0.0725
• Stop Loss: Below $0.0686
Bearish Scenario:
• Entry: Below $0.0686
• Target 1: $0.0665
• Target 2: $0.0619
• Stop Loss: Above $0.0700
BIO’s bullish momentum is cooling off just beneath key resistance. A strong push above $0.0700 could ignite the next leg up, but failure to hold above $0.0686 might invite bears back in. Watch the next 15m candle closely — momentum is thinning.