🚨 $BIO Short Liquidation Alert! 🚨

A $5.0248K short liquidation hit at $0.77209, signaling a potential bullish reversal in the making! The bears are under pressure, and the market is showing signs of life. What’s next for $BIO? Let’s break it down!

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What’s Next for $BIO?

This liquidation could drive prices higher as bulls take charge. Here’s the trading plan:

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Buy Zone

Entry Range: $0.750 - $0.780

This range is likely to attract buyers and serve as a solid base for the next move up.

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Target Levels (Take Profit)

1. Target 1: $0.820 (Immediate resistance zone)

2. Target 2: $0.880 (Critical breakout level)

3. Target 3: $0.950 (Psychological resistance)

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Stop-Loss

Place at: $0.740

Keep your risk minimal in case the price dips below key support levels.

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Key Market Indicators

1. Volume Patterns: Look for increasing buying volume around $0.750-$0.780.

2. Momentum Indicators: Check RSI and MACD for signs of upward momentum.

3. Sentiment Shifts: Any news or ecosystem developments could act as a bullish catalyst.

for Traders

Keep your position size small, risking no more than 1-2% of your capital.

Confirm the breakout with a close above $0.800 before adding more positions.

Stay updated on broader market trends, as $BIO can move with market sentiment.

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🔥 $BIO is heating up after this short liquidation. Is a breakout around the corner? Trade smart, manage risks, and stay ahead of the curve! 🚀

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