I didn't think that while supporting this project it would sink like this.
It's losing all its value....
Who are the responsible parties?
49720341767
MahmouD MoustafA
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$BIO Coin Is Crashing Like a Rocket... Is It Soon to End and Exit Binance?
The coin is showing strong signs of its weakness and future failure, for the following reasons:
1. Sharp drop after launch:
The coin started with a big jump to $1.4770, but quickly lost its value and dropped to $0.3874. This big drop shows the lack of strong support or sustainable interest from investors.
2. Oversold:
The RSI at 18.99 indicates strong selling pressure, reflecting the lack of confidence in the coin.
3. Lack of momentum and downtrend:
Moving averages and technical levels show that the coin has no positive signs of regaining its value or achieving sustainable growth.
4. Low actual trading volume:
Despite recording a large trading volume at the beginning, this may have been due to short-term speculation by investors who wanted to make quick profits, which led to a rapid decline in its value after the sale.
Future expectations:
If this poor performance continues, BIO may face the risk of being removed from the Binance platform, as major platforms rely on sustainable performance and high liquidity as a condition for the survival of currencies on them.
Where is the owner of this currency $BIO Where was your mind when you realized it on the platform?? .... $XRP
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