$BIO /USDT BEARISH BREAKDOWN 📉

Short trade signal 💥

Sell now

Key Levels:

- Current Price: $0.6473

- Resistance Levels: $0.7000, $0.7500

- Support Levels: $0.6384, $0.6000

Trade Setup:

- Entry: Short at $0.6473

- Take Profit (TP):

- TP1: $0.6384

- TP2: $0.6000

- Stop Loss (SL): $0.7000

Risk Management:

- Risk/Reward Ratio: 1:2

- Position Size: Adjust to risk no more than 2% of your trading capital.

Summary:

We are looking for a short trade on $BIO/USDT due to the recent bearish breakdown below the key support level of $0.7000. The price is currently trading at $0.6473, indicating strong bearish momentum. The next support levels are at $0.6384 and $0.6000, which are our target levels for this trade. The stop loss is set above the previous support, now turned resistance, at $0.7000 to manage risk effectively.

Happy Trading! 📉📊