$BIO Long Liquidation Alert
A total of $3.5675K was liquidated at $0.73134, signaling weakness in the buyers' side as the price faces downward pressure.
Coin Overview:
Symbol: $BIO
Current Status: Bearish movement after heavy liquidation.
Market Sentiment: Sellers currently have the upper hand.
Next Move:
Price might drop further if it fails to hold near support.
A potential recovery is possible if buying pressure builds near the support zone.
Support and Resistance:
Support Level: $0.70
Resistance Level: $0.75
Recommendation:
For Traders: Wait for a bounce near $0.70 before buying.
For Sellers: Sell if price breaks and holds below $0.70 or fails to reclaim $0.75.
Risk Note: Stay cautious as volatility might increase in this range.
Watch $0.70 closely—it’s the key to the next move!