$BIO /USDT BEARISH BREAKDOWN — NEW LOWS THREATENED AS SUPPORT COLLAPSES!
$BIO /USDT has broken below the key support zone at 0.0720–0.0700, confirming a bearish continuation. After consolidating around 0.0740–0.0760, the pair failed to hold ground and sharply dropped over 10%, testing fresh lows near 0.0660. This signals strong selling pressure and increased risk of further downside if buyers don’t step in soon.
Trade Setup (SHORT):
Entry: 0.0700–0.0720
Take Profit Targets: 0.0660 / 0.0620 / 0.0580
Stop Loss: 0.0750
Market Outlook:
With momentum heavily favoring bears and volume pushing lower, any weak bounce will likely face resistance at 0.0740. The structure remains in breakdown mode — avoid chasing longs until a solid base is formed.
Risk Management Tip:
Always use stop loss when shorting low-cap pairs. Quick moves can liquidate unprotected positions.
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This is your warning — exit early or ride the drop smartly.