$BIO : Short Liquidation Sparks Bullish Momentum! 🚀

📊 $5.3431K worth of shorts liquidated at $0.71691, signaling a potential reversal as bears lose control. This is an opportunity for bulls to take charge, with the price poised for a breakout.

Key Levels to Watch

Support Zone: $0.700 - $0.720

Breakout Level: Above $0.750 (watch for confirmation).

Major Targets:

1. $0.820 (initial target).

2. $0.950 (medium-term target).

3. $1.20 (long-term potential).

Trading Plan for $BIO

Buy Zone

Ideal Entry: $0.710 - $0.730 (near support).

Breakout Entry: Add positions above $0.750 after confirmation.

Targets

1. Target 1: $0.820

2. Target 2: $0.950

3. Target 3: $1.20

Stop Loss

Stop Loss Level: $0.690 (below support to limit downside risk).

What to Watch Next

1. Bullish Case:

A confirmed move above $0.750 could lead to a rally toward $0.950 and beyond.

2. Bearish Case:

If the price falls below $0.690, avoid buying as further downside could follow.

💡 Tips:

Patience Wins: Wait for a strong confirmation before entering big positions.

Risk Management: Keep stop losses tight and don’t overleverage.

$BIO could be gearing up for a strong move – Get ready for action! 🎯

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