$BIO /USDT Technical Analysis & Trade Signal

Current Price: $0.7391

Trend: Volatile with signs of a corrective pullback

Technical Indicators

Support Levels: $0.6500, $0.5500

Resistance Levels: $0.9000, $1.1000

RSI: Neutral (~48), signaling potential accumulation

MACD: Bullish crossover forming, indicating upside momentum

EMA (20/50): Price near the 20 EMA; potential breakout above $0.7500

Trade Setup

Entry Zone: $0.7000–$0.7500

Stop-Loss: $0.6400 (Below key support)

Targets 🎯

1. Target 1: $0.8500 (Short-term resistance)

2. Target 2: $1.0000 (Psychological level)

3. Target 3: $1.2000 (Major breakout zone)

Momentum

If price consolidates above $0.7500, strong bullish momentum could drive towards higher targets.

A break below $0.6400 may invalidate the bullish setup.

Trading Note: Monitor volume closely for confirmation of breakout or reversal. Always adjust your risk management based on market volatility.

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