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$BIO /USDT – BEARS TAKING CONTROL? 🚨
📉 Current Price: $0.1356 (-6.03%)
📊 Trend: Bearish
The price has broken key support at $0.1400, indicating further downside pressure. A potential retest of this level as resistance could trigger another wave of selling.
🔹 Key Levels to Watch:
Resistance: $0.1400 - $0.1500
Support: $0.1338 - $0.1250
🎯 Trade Setup:
📉 Short Entry: $0.1390 - $0.1400 (If retested)
✅ Target 1: $0.1335
✅ Target 2: $0.1250
❌ Stop Loss: $0.1435
📢 Market Outlook:
The recent breakdown signals bearish momentum. If the price fails to reclaim $0.1400, expect further declines towards $0.1250. However, a breakout above $0.1435 would invalidate the bearish setup.
⚠️ Risk Management:
Always use a stop-loss and risk only 1-2% of your capital per trade. Avoid over-leveraging.
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