BIO Coin Technical Analysis and Trading Strategy #BIO

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Technical Analysis

- Current Price: $0.7445

- 24h Trading Volume: $1.48 billion

- Market Cap: $965.33 million

- Circulating Supply: 1.30 billion BIO

- 24h Price Change: -7.24%

- Support Levels:

- Near Support: $0.70

- Strong Support: $0.65

- Resistance Levels:

- Near Resistance: $0.75

- Strong Resistance: $0.85

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Trading Strategy

Long (Buy): $BIO

- Entry Point: Buy if the price holds above $0.75 with strong trading volume.

- Take Profit

- Target 1: $0.85

- Target 2: $0.90

- Stop Loss: Set below $0.70.

Short (Sell): $BIO

- Entry Point: Sell if the price fails to break $0.75 and shows signs of reversal.

- Take Profit:

- Target 1: $0.65

- Target 2: $0.60

- Stop Loss: Set above $0.78. $BIO