technical analysis and trade signal for $BIO /USDT:
Current Price: $0.7378
24h High/Low: $1.4770 / $0.0300
Momentum: Bullish with high volatility
Trade Signal
Entry Point: $0.7300 - $0.7500
Targets šÆ:
1. Target 1: $0.8500 (Short-term resistance)
2. Target 2: $1.0000 (Psychological level)
3. Target 3: $1.2500 (Major resistance)
Stop-Loss: $0.6500 (Below key support)
Trade Momentum
Bullish Indicators:
High volume with increased market participation.
Momentum above major moving averages.
Price rebounded strongly from $0.0300, showing significant buyer interest.
Risk Factors:
Extreme volatility; use proper risk management.
Potential correction after rapid gains.
Suggestion: For experienced traders, consider scalping around the levels for higher gains. Long-term holders may wait for stabilization above $1.00.
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