$BIO – LOWER HIGHS FORMING, BEARS GAINING CONTROL
$BIO has broken below the short-term support at $0.0669 after multiple failed attempts to reclaim the $0.0720+ zone. The chart now shows a consistent lower-high structure, with fading volume and momentum suggesting further downside risk.
Short Setup:
Entry: $0.0645 – $0.0655
Stop Loss: $0.0680
TP1: $0.0618
TP2: $0.0595
TP3: $0.0579 (key demand zone)
Unless bulls reclaim $0.068+, trend remains bearish. Breakdown continuation likely if $0.0633 is lost.
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