$BIO /USDT SHORT TRADE SIGNAL – BEARISH STRUCTURE STILL INTACT DESPITE SMALL GREEN CANDLE!
$BIO is down -7.64% today, trading at $0.0641 after a steady cascade from the $0.0716 level. The recent green candle is a minor bounce in an otherwise strong downtrend. Lower highs and aggressive sell candles suggest this recovery is likely short-lived.
Trade Setup (SHORT):
Entry Zone: $0.0640 – $0.0655
Target 1: $0.0615
Target 2: $0.0588
Target 3: $0.0560
Stop Loss: $0.0669
Why Short?
Despite the slight rebound, price remains well below the recent highs with no shift in momentum. The trendline resistance remains firm, and bulls are failing to reclaim key levels. This is a classic setup for a continuation short.
Risk Management Tip:
Keep a tight SL just above local resistance. Scale out profits as targets hit and trail your stop for protection.
Sell smart — don’t chase green candles when the trend is turning red!
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