$BIO achieved 2 Targets 🤑

📉 $BIO Bearish Strategy: Targeting the Downtrend!


#BIO remains under heavy bearish pressure, trading below all major moving averages. With failed attempts to break resistance, the trend points further downward. Here’s the strategy to capitalize on this momentum:

Bearish Setup:

Entry Zone: $0.5300 , 0.5360 , 0.5480

Stop-Loss: Above $0.5610 (to account for any breakout).

Targets 🎯 - 5200 , 5130 , 5040 , 4900 , 4750 , 4000

Why Short?

Trend: Price remains in a strong downtrend below MA7, MA25, and MA99.

MACD: Bearish divergence with declining histogram bars.

💡 Pro Tip: Use moderate leverage (10x–15x) and adjust positions as targets are hit to lock in profits.

📢 Traders, this is your chance to ride the downtrend and capitalize on the bearish momentum! Stay sharp and follow the plan!