$BIO & Trend
$Bio, the coin which was listed on #Binance on the last day , has gained about 2400% and made a high at $1.47.
Many retail investors and traders bought it at high price and that's normal . Don't worry . This price dump was expected because maximum number of peoples has booked profit after listing . And this is a general market situation .
What next for
Don't panic . Don't sell , if you have . If you don't have , can buy at a good level . I'll mention below .
Why you should have
Bio coin has a practical approach for future related genetics engineering and other medical field . So , a lot of chances to grow more . If PEPE coin can grow without any reason , then why a good planned coin can't rise ? Right 👍. Hold . If can, buy .
Trend : The trend can become reversal . Trend can changed into Bullish to Neutral .
RSI indicator : 41.1. For a recent listed coin , RSI 41 is too low . Too much potential to grow more .
Candle stick pattern : After a downfall , a well defined bottom is made . Doji sticks making the Market indecisions .
Support : Current support level lies at $0.7431
0.7396
-12.13%
Resistance : Current resistance at $0.769.
