$BIO USDT – SHORT TRADE SIGNAL🔴
REJECTION FROM $0.0809 HIGH 🔻 OVEREXTENDED SPIKE LOSING MOMENTUM
BIOUSDT surged sharply but faced immediate rejection from the $0.0809 resistance, printing a long upper wick and pulling back to $0.0775. This signals exhaustion after a parabolic move, with lower highs forming on smaller intervals. A breakdown below $0.0755 could confirm further downside toward previous demand zones.
Trade Setup:
• Entry Point: 0.0772 – 0.0778
• Stop Loss: 0.0812
• Take Profit:
• TP1: 0.0745
• TP2: 0.0715
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
High volatility rejection near local top. Short-term bearish retracement expected as buyers take profits and sellers step in.
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