$BIO /USDT Trading Signal - Correction Phase
Entry Zone: 0.3700 - 0.3800
Target 1: 0.4000
Target 2: 0.4150
Stop Loss: 0.3550
Market Overview:
BIO is experiencing an -8.20% dip, currently trading at $0.3763 after a high of $0.4430. This correction follows a period of increased selling pressure, with potential support around $0.3700.
Trade Strategy:
Entry: Look for entries within the range of $0.3700 - $0.3800, where buying interest may emerge.
Targets: Gradual recovery to $0.4000 and $0.4150 is expected, offering profit opportunities.
Risk Management:
Place a stop loss at $0.3550 to minimize downside risk in case of extended selling pressure.
Conclusion:
BIO is in a correction phase but holds potential for a rebound from key support zones. Monitor closely for a shift in momentum to take advantage of the recovery.
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