$BIO #AGAIN💯
📊 Technical Analysis of BIO/USDT - Targets for the Day
The BIO/USDT pair has shown promising movement over the past 24 hours, with a current price of 0.7710 USDT, reflecting a +7.91% change. With a 24-hour volume of 272.53M BIO and 197.16M USDT, the market is active and ripe for analysis.
Key Support and Resistance Levels:
24h High: 0.7900
24h Low: 0.6710
Current Price: 0.7710
Based on the latest price action, here are 3 potential targets 🎯 to watch for today:
1. Target 1: 0.7949 – A near-term resistance level to watch for possible breakout. If BIO reaches this price, it could signal further bullish momentum.
2. Target 2: 0.7592 – A support level that could provide an entry point for buyers if the price dips. Watch for price reaction around this zone.
3. Target 3: 0.7236 – A deeper support level to monitor in case of a correction. If the price tests and holds above this level, it could indicate a potential recovery.
Technical Indicators:
Moving Averages: The 5-period MA at 10,239,840.6 and 10-period MA at 6,291,458.3 indicate a strong bullish trend in the short term.
MACD: Currently showing positive momentum, signaling buying interest.
Bollinger Bands & EMA: The price action is stable within the bands, indicating consolidation before a potential breakout.