🚨 $BIO / USDT Pullback Alert: Bearish Momentum Building! 🚨
$BIO is trading at $0.7126, down -0.88%, signaling a potential bearish trend continuation. The 5-minute chart shows the price breaking below a key support zone, raising concerns for further downside movement.
Key levels to monitor:
Immediate Support: $0.7100 – A breakdown here could intensify the sell-off.
Targets: Consider short positions targeting $0.7050 and $0.7000 for potential profits.
Resistance: Watch $0.7200 for signs of a potential reversal.
Risk Management:
Entry: Around $0.7126.
Stop-loss: Place at $0.7150 to cap risk on sudden reversals.
Stay cautious and adjust your strategies accordingly—$BIO appears primed for a decisive move lower!
