$BIO USDT BULLISH REVERSAL & CONTINUATION SETUP
Market Structure:
The chart shows a clear reaction from a higher-timeframe demand zone with price forming a base after a corrective move. Selling pressure is weakening, and buyers are stepping in near key support, indicating a potential bullish reversal followed by continuation if resistance levels are reclaimed.
Trade Direction: LONG
Entry Zone:
0.01160 – 0.01205
Targets:
TP1: 0.01250
TP2: 0.01295
TP3: 0.01340
Stop Loss:
0.01084
Key Technical Levels:
Major Support: 0.01160 – 0.01118
Demand Zone: 0.01118 – 0.01084
Immediate Resistance: 0.01250
Breakout Zone: 0.01295 – 0.01340
Market Expectation:
Holding above the demand zone keeps the bullish bias intact. A strong breakout and close above near resistance can trigger momentum toward higher targets, while failure to hold support will invalidate the setup.
Risk Management:
Risk only 1–2% per trade. Secure partial profits at TP1 and shift stop loss to breakeven to manage downside risk.
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