$BIO 🔍 Detailed Spot Market Analysis for $BIO (Exchange: Binance, Created: 2025-01-21 05:36 WIB)

• Timeframe: 1-day

Technical Indicators:

• EMA (20): Not enough data for calculation due to recent listing.

• MACD: Bearish trend evident, with selling pressure dominating.

• RSI: 38 (oversold zone, indicating potential for short-term rebound).

• Volume: Declining, reflecting fading interest or profit-taking activity.

Price Projections:

• Resistance Levels: $0.3000 (near-term), $0.4000 (key resistance).

• Support Levels: $0.2500 (immediate), $0.2000 (fallback).

Suggested Entry Strategy:

• Avoid entering at $0.2530 (current market price) until signs of stabilization or reversal.

• Alternatively, consider entering near $0.2000 for a lower-risk position if the price continues to drop.

• 1-hour Estimate: $0.2450, as bearish momentum remains strong.

OCO Settings:

• TP Limit: $0.3000 (+18.6% Profit)

• SL Trigger: $0.2400 (-5.1% Risk)

• SL Limit: $0.2350

📉 Market Summary

• 🔴 Bearish Confidence: 80%

✅ Investment Advice

• 📉 Skip investments in $BIO for now as it continues to trend downward. Monitor support levels for potential signs of reversal before considering entry.

⚠️ Disclaimer:

⚠️ Not Investment Advice

⚠️ Reports are informational

📃 Markets are volatile and risky

💰 Decisions are yours

Use wisely.

#OCOEnthusiast #TakeProfit #StopLoss