$BIO / The strong downward trend continues with the price declining to $0.0623

It has sharply dropped by -9.58% today, currently trading at $0.0623, reflecting ongoing bearish pressure.

-Resistance: The closest resistance level is between $0.0660 - $0.0700, where the price has repeatedly failed to hold.

-Support: The price is testing the support area of $0.0615 - $0.0620, which is the lowest point in the last 24 hours.

Trend: Today's strong downward movement breaks the recent consolidation and indicates the continuation of the broader downward trend.

-Bearish Scenario: A break below $0.0615 could trigger a deeper correction towards the $0.0580 - $0.0560 areas.

-Bullish Scenario: A short-term relief may occur if the price regains $0.0660, but the main resistance remains intact unless $0.0700 is broken.

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