$BIO
/USDT Trading Signal - Oversold Bounce?
Current Price: $0.5565 (-3.69%)
Entry Range: $0.5400 - $0.5600
Target 1: $0.5800
Target 2: $0.6200
Stop Loss: $0.5200
Market Observations:
$BIO/USDT recently tested a key support at $0.5370, suggesting potential for a reversal.
Volume remains stable, indicating possible accumulation at lower levels.
Targets align with Fibonacci retracement levels and prior resistance zones.
Trade Insights:
Position within the range for an optimal entry.
Watch for confirmation of bullish momentum before scaling into the trade.
Protect your position with a tight stop-loss below $0.5200.