$BIO /USDT Trading Signal – Market Cooling After Major Volatility
Observation: The $BIO /USDT trading pair has shown remarkable volatility, reaching a high of $1.4770 before correcting to the $0.7427 level. Such moves provide excellent trading opportunities for both short-term and swing traders.
Trade Setup:
Entry Zone (Long): $0.70 - $0.75
Targets:
1. Target 1: $0.90 (Near-term resistance level)
2. Target 2: $1.10 (Mid-term consolidation zone)
3. Target 3: $1.30 (Approaching previous highs)
Stop Loss: $0.60 (Below key support to minimize risk)
Market Insight: This correction phase after the spike offers a chance to enter at discounted levels. Look for volume confirmation before entering positions. Traders should watch for price action near the $0.90 zone for potential resistance.
Pro Tip: Secure partial profits at the first target and trail your stop loss for remaining positions.
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