$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.
#BIO #CryptoTrading #BearishSetup #ShortTrade #RiskManagement
buy and trade here on $BIO