🚨 $BIO /USDT – Sharp Drop, Down 22.95%! 🔻
Momentum Analysis: BIO has taken a major hit, dropping 22.95% in the last 24 hours, now trading at $0.1041. It previously reached a high of $0.1351 before dipping to a low of $0.1031. Volume remains significant, with 81.46M BIO traded, totaling $9.62M in USDT.
📉 Short-Term Trading Setup:
Entry Zone: $0.1031 – $0.1041 (support accumulation area)
Targets:
T1: $0.1084 (minor resistance)
T2: $0.1152 (trend recovery)
T3: $0.1219 – $0.1287 (major resistance)
Stop Loss: $0.1015 (below recent low)
🔔 Breakout Confirmation & Key Support:
Breakout Level: $0.1340 – $0.1356 (needs strong buying pressure)
Support: $0.1031 – $0.1015 (watch for potential bounce)
⚡ Pro Tip for Traders:
BIO is facing strong bearish pressure, likely following the broader market correction. If $0.1031 holds, a short-term rebound could be possible. However, a break below $0.1015 may trigger another leg down. Manage risk carefully and watch for volume confirmation before entering a trade.
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