BIO Pre market
Bullish Momentum: The price increase of +5.2% suggests upward pressure, possibly fueled by a higher 24-hour money inflow ($278.90K).
2. Volatility: The range between the 24h high ($0.89088) and low ($0.84188) indicates moderate volatility, with the price near its upper range.
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Trading Strategy Suggestions
1. For Buyers:
Look for potential pullbacks near $0.85899 or $0.83689 for entry points.
Monitor the resistance at $0.91057 for breakout opportunities.
2. For Sellers:
Consider profit-taking at $0.91793 if upward momentum continues.
Use the 24h high of $0.89088 as an interim target.
3. For Swing Traders:
Utilize key support ($0.82952) and resistance ($0.91793) levels for potential range-bound trading.
Watch volume and money inflow trends for stronger directional cues.
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