$BIO

USDT BEARISH BREAKDOWN – SELL PRESSURE DOMINATES THE MARKET

$BIOUSDT is currently experiencing strong bearish momentum, with price continuing its downward channel and consolidating near a key support zone.

🔑 Key Levels:

Resistance: 0.05311

Support: 0.05079

Current Price: 0.05263

📉 Trade Setup (Short):

Entry: 0.05260 – 0.05270

Take Profit (TP): 0.05079

Stop Loss (SL): 0.05311

📊 Market Outlook: The market is locked in a steep descending channel with no reversal confirmation yet. Bears maintain control, and a break below the key support at 0.05260 could accelerate the fall towards 0.05079. Traders should watch for volume spikes indicating a strong push down.

⚠️ Risk Management: Always use a strict stop loss and manage position sizing to avoid overexposure in this high-volatility zone. Only risk 1-2% of your capital per trade for sustainable growth.

💬 Comment 🟥 if you’re watching this bearish setup today.

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