$BIO /USDT has been consolidating within a channel for the past two days, signaling indecision in the market. This range serves as a critical setup for the next significant move.
A breakdown below the channel would likely trigger bearish momentum, opening the door for further downside. Keep a close eye on the lower boundary for confirmation of this move.
The $0.70–$0.72 zone is acting as a strong support area where the price previously faced rejection.
A hold above this zone could ignite upward momentum, potentially targeting higher levels.
Patience and discipline are crucial—wait for the breakout to align your trades with the trend. 🎯