$BIO Future Potential:

1. Bullish Signs:

• If the price stabilizes near 0.84 and maintains higher lows, it could attract more buyers and continue upward.

• Monitor the MACD and RSI (not visible in this chart) for potential bullish crossovers.

2. Bearish Signs:

• The Parabolic SAR indicates potential downward pressure in the short term.

• A further decline below 0.80 could trigger more selling, and the price may retest lower support levels.

Recommendation:

1. Entry Strategy:

• Avoid buying immediately at this high volatility stage.

• Wait for the price to stabilize or retest support levels (e.g., 0.70–0.75) before entering.

• Use a stop-loss to protect against sharp declines (e.g., below 0.65).

2. Monitor Key Indicators:

• Look for a breakout above 1.00 with strong volume for a bullish confirmation.

• Watch for signs of exhaustion, like lower highs or reduced trading activity.

3. Risk Management:

• If you’re a short-term trader, consider small investments and close monitoring.

• For long-term holding, assess the project’s fundamentals, use case, and market sentiment.