BIO Coin Technical Analysis and Trading Strategy #BIO
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Technical Analysis
- Current Price: $0.7445
- 24h Trading Volume: $1.48 billion
- Market Cap: $965.33 million
- Circulating Supply: 1.30 billion BIO
- 24h Price Change: -7.24%
- Support Levels:
- Near Support: $0.70
- Strong Support: $0.65
- Resistance Levels:
- Near Resistance: $0.75
- Strong Resistance: $0.85
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Trading Strategy
Long (Buy): $BIO
- Entry Point: Buy if the price holds above $0.75 with strong trading volume.
- Take Profit
- Target 1: $0.85
- Target 2: $0.90
- Stop Loss: Set below $0.70.
Short (Sell): $BIO
- Entry Point: Sell if the price fails to break $0.75 and shows signs of reversal.
- Take Profit:
- Target 1: $0.65
- Target 2: $0.60
- Stop Loss: Set above $0.78. $BIO