🚀 $BIO /USDT Trade Setup: Potential Bounce Ahead with 3 Targets! 🎯
Market Snapshot
Current Price: $0.4089 (-5.50%)
Support Zone: $0.3916
Resistance Zone: $0.4430
📈 Technical Analysis
RSI: Near oversold, signaling a possible recovery.
MACD: Bearish momentum weakening; watch for a crossover.
50 EMA: Above the price, acting as resistance.
200 EMA: Long-term breakout level above $0.4500.
💡 Trade Signal: Buy the Dip at Support Levels
Entry Zone: $0.4000 - $0.4080
🎯 Target Levels:
1. Target 1: $0.4250
2. Target 2: $0.4370
3. Target 3: $0.4500
Stop Loss:
Below $0.3900
⚡ Trade Momentum
Short-Term: Bearish but nearing a reversal point.
Medium-Term: Neutral with potential for a breakout above $0.4430.
Long-Term: Await confirmation of trend change above $0.4500.
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