$BIO /USDT – Trade Alert! 🚀🔥
Current Price: $0.5772
After a 17.48% drop, $BIO is testing support around $0.5635, with potential for a reversal.
Trade Setup:
Long Entry: $0.5770 - $0.5800
Long Target: $0.6000, $0.6500
Short Entry: $0.5635 (break below support)
Short Target: $0.5500 (next support)
Stop Loss: $0.5600 (both setups)
Market Sentiment:
Bearish Pattern: Price has dropped, but holding at support suggests possible bullish reversal if it holds. Watch for breakout above $0.6000.
Leverage: 5x for Futures.
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Next Move: Bullish potential if $0.6000 resistance breaks, otherwise bearish below $0.5635 support.
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