$BIO Thrilling Post:
"Breaking News! A short liquidation of $2.2993K just occurred at $0.7274!
The market is heating up, and big moves might be on the horizon. Stay alert for action!"
Important Details:
1. Short Liquidation: Traders betting against the price had to exit their positions, likely due to upward price movement.
2. Price Level: The key trigger was at $0.7274. This level could play a psychological role.
3. Market Sentiment: Bulls are gaining strength, forcing shorts to close their positions.
Next Move:
If Bullish (Price Uptrend): Consider buying, especially if the price sustains above the resistance level.
If Bearish (Price Downtrend): Be cautious; wait for confirmation of a drop before selling.
Support and Resistance Levels:
Support: $0.7150 (price may bounce back if it drops here).
Resistance: $0.7400 (price must break and hold above this for further upward movement).
Final Suggestion:
Buy if the price breaks above $0.7400 with good momentum.
Sell if the price fails to stay above $0.7274 and moves toward $0.7150.
