#BIOProtocol is trying to #PullbackMoves ❓$BIO /USDT Gains Stability – Critical Levels in Focus $BIO is trading at $0.2462, with a 24-hour range between $0.2296 and $0.2599. The RSI at 52 indicates neutral momentum, signaling potential for either a continuation or reversal.
Key Levels to Monitor
Resistance:
$0.2590: Immediate resistance, a breakout here could ignite bullish momentum.
$0.2700: Key resistance zone for further upside.
Support:
$0.2400: First level of support to maintain bullish sentiment.
$0.2300: Crucial support, a breakdown here may invite further selling pressure.
Trade Setup
Long Entry: Above $0.2500
Targets: $0.2570, $0.2650
Stop-loss: Below $0.2400
Short Entry: Below $0.2400
Targets: $0.2350, $0.2300
Stop-loss: Above $0.2450
Market Insight
BIO/USDT has shown resilience at lower levels, with MACD showing gradual recovery. Watch for a break above resistance for a bullish continuation, or monitor support zones for potential pullbacks. Trade with caution as volatility remains present.