$BIO /USDT BEARISH DIVE IN PLAY — WATCH FOR A BREAKDOWN OR A FAKEOUT!
$BIO/USDT is showing strong downward pressure after failing to hold above the $0.10 mark. The pair has now plunged to a low of $0.0790, and although there’s been a slight bounce, the market remains under heavy selling control. Bears are tightening their grip — any weak recovery might just be a setup for another leg down.
Trade Setup: (Short Position)
Entry: $0.0825 – $0.0840
Take Profit (TP): $0.0780 / $0.0750
Stop Loss (SL): $0.0865
Market Outlook:
Price action shows consistent lower highs with strong red candles, confirming bearish dominance. A break below $0.0790 support could lead to a further slide, while upside bounces may face resistance near $0.0880.
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