$BIO ๐ค๐ฐ๐ฅ๐ฏ
/USDT Technical Analysis
BIO/USDT is currently trading at $0.684, showing a notable drop of -10.40% in the last 24 hours. Here's a breakdown of potential targets based on technical levels:
๐ฏ Target 1: $0.7100
This level acts as the first resistance. A break above it could signal a short-term recovery and attract buyers looking for quick gains.
๐ฏ Target 2: $0.7400
A successful breach of $0.7100 could push the price to $0.7400, where stronger resistance lies. Momentum traders might consider this level for profit-taking.
๐ฏ Target 3: $0.7500
This is the key resistance level, representing a significant challenge for bulls. Breaking this level could trigger a new bullish wave, potentially reversing the bearish trend.
Support Zone:
Immediate support lies at $0.6830, the 24h low. A drop below this level may lead to further downside.
Momentum Watch:
Monitor the 15m and 1h