Bullish Continuation Structure
$BIO confirmed a strong bullish market structure with a sharp +45% impulse move. The breakout from the $0.085-$0.09 consolidation left a clean FVG that was filled, followed by a push to $0.12.
Currently, the price is consolidating under the $0.14 resistance. This pattern is a sign of healthy continuation.
Key Levels to Watch:
Critical Support: $0.11–$0.115. This must hold to maintain short-term momentum.
Resistance / Target 1: $0.14
Target 2: $0.16 (Full structural expansion)
Invalidation (SL): $0.108
The setup is strong, with bulls defending the local support. A sustained hold above $0.115 keeps the $0.14 and $0.16 targets in play.