$BIO
Signal: Buy above current resistance if the price sustains the breakout and volume increases.Target: Next resistance levels.Stop-Loss: Place stop-loss slightly below the breakout point to limit risk.
Signal: Sell if the price falls below key support levels, especially after forming a lower high.Target: Support levels below.Stop-Loss: Place stop-loss above recent high to minimize risk.
Signal: Buy if the price is near strong support with bullish reversal indicators (e.g., RSI below 30, MACD bullish crossover).Target: Resistance levels.Stop-Loss: Below the support level.
Always keep an eye on broader market conditions (overall crypto market sentiment, news, etc.), as these can impact your trade.Use risk management tools like stop-loss orders to protect against unexpected price swings.Keep monitoring key levels and adjust your strategy if there is a significant change in price or trend.