$BIO Protocol (BIO) Long Liquidation Alert

A long liquidation of $6.6518K happened at 0.02878. This shows that leveraged buyers were forced to close positions when price fell near this level. Large liquidation size means selling pressure may stay for a short time.

What This Means

Bulls were trapped around this zone. After liquidation, price may try to recover if new demand appears, but market can stay volatile.

Trade Plan

If price stays above 0.02850:

Buy Zone: 0.02850 – 0.02870

Target 1: 0.03050

Target 2: 0.03250

Stop Loss: 0.02720

If price drops below 0.02800:

Next Support Area: 0.02650 – 0.02700

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