$BIO Trading Strategy Update

🔎 Key Observation:

Short liquidation spotted at $5.0064K with the price hitting $0.79605. This indicates significant short positions are being wiped out, hinting at potential bullish momentum.

📈 Next Move - Buy Zone, Target & Stop Loss

Here’s a simple and actionable plan:

1️⃣ Buy Zone:

Look to enter around $0.775 - $0.795. This range allows for a safer entry close to support levels, ensuring less risk.

2️⃣ Target Levels:

Target 1: $0.830

Target 2: $0.860

Target 3 (Stretch Goal): $0.900

3️⃣ Stop Loss:

Set a strict stop loss at $0.760 to limit downside risks if the price fails to sustain above key levels.

💡 Strategy Notes:

Momentum: If the price breaks above $0.800 with strong volume, it could push toward higher targets quickly.

Risk Management: Avoid over-leveraging; trade with an amount you're comfortable risking.

Market Sentiment: Monitor broader market trends (BTC/ETH moves) as they can influence $BIO .

🚨 Pro Tips:

Watch for fakeouts around resistance zones. Confirm the breakout with high volume.

Set alerts for $0.800 and $0.830 to track price action in real time.

Stay patient and disciplined. Successful trading is about timing and strategy!

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