Based on the image, the $BIO/USDT trading pair on Binance is experiencing a significant downtrend, with a 26.31% decrease in price. The price is currently at $0.0944, near its 24-hour low of $0.0910.
Signal Summary:
Trend: Bearish
Support Level: Around $0.0910
Resistance Level: Around $0.1084
Volume: High selling pressure
Recommendation:
If holding, watch for a potential bounce near support.
If considering buying, wait for confirmation of a trend reversal.
If shorting, be cautious of
#USTariffs #MarketPullback #FTXrepayment #USCryptoReserve #USCryptoReserve