This $BIO structure appears dormant, yet it's poised for a squeeze.
$BIO - LONG
Trade Plan:
Entry: 0.02138 – 0.02149
SL: 0.02111
TP1: 0.02176
TP2: 0.02187
TP3: 0.02209
Why this setup?
The 4h chart is forming a LONG setup, despite a bearish 1D context. Focus remains on the 0.02138–0.02149 zone (mid 0.02143). RSI 15m at 51 supports upside, with momentum neutral for further buildup. 15m volume is only 0.79x, with 1.79M traded vs. 2.27M expected per 15m, requiring confirmation.
Holding above 0.02111 keeps 0.02176 as the initial target. A breakout from consolidation could extend toward 0.02209.
Debate:
Will this level trigger a genuine expansion or another false move?
Click bellow for trade 👇 & Click here to join my VIP trade group
