$BIO RSI: 40.83 Below the neutral zone, it is approaching the oversold zone. This is an indication of weak momentum.

MACD : DIF: -0.031 MACD lines are in the negative zone and give a sell signal.

Stochastic RSI: 2.46 (In the oversold zone) D: 12.52 It is in the oversold zone. However, it has not yet signaled an upward recovery.

Recent volume is quite low, at 1.08M. Sales volume remains high.

Support: $0.70 and $0.48 levels Resistance: $0.77 and $0.85 levels The downtrend may continue as the price approaches the Bollinger lower band and the RSI is weak. MACD and Stochastic RSI are also in the negative zone, supporting this downtrend.

If the Stochastic RSI breaks out of the oversold zone and there is an increase in volume, the recovery may begin. It is critical for the price to hold on to the 0.70 support. NOT INVESTMENT ADVICE #BIOOpenonBinance #BIO #CryptoReboundStrategy $BIO