$BIO
/USDT Price Analysis
Current Price: $0.761
Resistance Levels:
$0.800
$0.850
Support Levels:
$0.740
$0.700
Analysis:
BIO is currently stabilizing after a sharp retracement from its recent high of $1.477. The current price movement suggests consolidation with a potential for a breakout or further downside, depending on market momentum.
Trade Setup:
Long Entry: $0.770
Target 1: $0.800
Target 2: $0.850
Stop Loss: $0.740
Short Entry: $0.740
Target 1: $0.720
Target 2: $0.700
Stop Loss: $0.770
Traders should closely monitor the price action at the support and resistance levels for confirmation. Stay cautious as volatility remains high.
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