$BIO /USDT Trading Signal - Decision Point Near EMA Support
Current Price: $0.4211
$BIO /USDT is consolidating near EMA(99) ($0.4223) after rejecting from a high of $0.4430, presenting both bullish and bearish opportunities:
Short Entry:
Entry Range: $0.4200–$0.4140
Targets:
Target 1: $0.4100
Target 2: $0.4000
Target 3: $0.3800
Stop Loss: $0.4320
Long Entry:
Entry Range: $0.4200–$0.4260
Targets:
Target 1: $0.4380
Target 2: $0.4430
Target 3: $0.4550
Stop Loss: $0.4100
Observations:
EMA(7) and EMA(25) near $0.4255 act as immediate resistance; breaking this could confirm bullish recovery.
Failing to hold $0.4200 could lead to testing $0.4100 or lower.
Watch for volume confirmation to gauge breakout strength.
💡 Execute cautiously and manage risk effectively!