$BIO /USDT BEARISH PRESSURE — LAUNCHPOOL TOKEN SLIPS TOWARD DEMAND ZONE!
$BIO has dropped -13.75% in the last 24 hours, sliding from a high of $0.0811 to hover around $0.0696. After failing to hold above the key 0.0740–0.0720 resistance zone, the token is now approaching the support band near $0.0670. If this level breaks, a deeper correction is expected.
🔻 TRADE SETUP (SHORT):
Entry: 0.0695–0.0710
TP1: 0.0650
TP2: 0.0605
TP3: 0.0560
Stop Loss: 0.0735
Why Short?
Rejection from multiple intraday resistance levels and declining highs suggest weakening demand. With no reversal signs and fading volume on minor bounces, bears have the upper hand below $0.0720.
Risk Management Tip:
Use tight SLs and avoid over-leveraging in low-cap tokens — volatility is unpredictable.
Sell and trade here on BIO — breakdown active, ride the momentum!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!