đ $BIO /USDT Trading Signal â Testing Resistance After a Strong Bounce!
$BIO /USDT is trading at $0.2577, with a significant 8.78% gain over the last 24 hours. After hitting a high of $0.2711, the price is showing signs of consolidation, supported by strong volume.
Long Entry Setup
Entry Range: $0.2560 â $0.2590
Target 1: $0.2650
Target 2: $0.2700
Stop Loss: $0.2490
Short Entry Setup
Entry Range: $0.2600 â $0.2650
Target 1: $0.2520
Target 2: $0.2450
Stop Loss: $0.2680
Market Highlights
Support: Immediate support at $0.2550, aligned with EMA (7).
Resistance: Key resistance at $0.2711, the 24-hour high.
EMA (7) and EMA (25) are sloping upwards, indicating continued bullish momentum.
Observation
$BIO is attempting to maintain its upward trajectory. A sustained move above $0.2600 could push the price back toward $0.2700 and beyond. A failure to hold support may result in a pullback to $0.2450.
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