$BIO /USDT Trading Signal – Bearish Correction or Bounce Opportunity?

Current Price: $0.7095 (-9.56%)

Timeframe: 1H Chart (Binance)

Short Trade Setup

Entry Zone: $0.715 - $0.720

Take Profit (TP) Levels:

TP1: $0.680

TP2: $0.650

TP3: $0.620 (extended target)

Stop Loss (SL): $0.740

Long Trade Setup (Reversal Play)

Entry Zone: $0.700 - $0.710

Take Profit (TP) Levels:

TP1: $0.750

TP2: $0.780

TP3: $0.800

Stop Loss (SL): $0.680

Market Insight

BIO is experiencing significant downward pressure, with key support levels near $0.700. Traders may look for a breakout in either direction, with opportunities for both short and long setups depending on volume and momentum shifts.

Pro Tip:

Wait for confirmation of trend direction before entering trades. Use proper risk management and adjust stop-loss as targets are achieved.

Tags:

#BIO #CryptoSignals #BinanceTrading #TechnicalAnalysis #Write2Earn!