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Mastering Crypto
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$BIO price is trading below critical moving averages, and MACD confirms ongoing bearish momentum.
Support to Watch: $0.7110; a break below this could lead to further downside.
Resistance to Overcome: $0.8169–$0.8660; crossing these levels may indicate a reversal.
Trading Strategy:
For Buyers: Wait for a breakout above $0.8169 and confirmation of bullish momentum.
For Sellers: A rejection near $0.8169 could provide a shorting opportunity with a target near $0.7110.
Support Level: $0.7110
This level acted as the latest low during the downtrend, showing strong buyer interest around this price.
Resistance Level: $0.8169–$0.8660
These levels represent significant areas where the price was rejected recently.
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Support to Watch: $0.7110; a break below this could lead to further downside.
Resistance to Overcome: $0.8169–$0.8660; crossing these levels may indicate a reversal.
Trading Strategy:
For Buyers: Wait for a breakout above $0.8169 and confirmation of bullish momentum.
For Sellers: A rejection near $0.8169 could provide a shorting opportunity with a target near $0.7110.
Support Level: $0.7110
This level acted as the latest low during the downtrend, showing strong buyer interest around this price.
Resistance Level: $0.8169–$0.8660
These levels represent significant areas where the price was rejected recently.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#AltcoinMomentum
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