$BIO | Parabolic Move Showing Exhaustion – Short Setup 📉

Parabolic move showing exhaustion with sharp rejection from highs and momentum fading.

$BIO – Short Trade Plan

· Entry Zone: $0.0255 – $0.0265

· Stop Loss: $0.0285

· TP1: $0.0235 🎯

· TP2: $0.0215 🎯

· TP3: $0.0200 🎯

Why this setup?

· Blow-off top structure after aggressive rally with long upper wicks

· Heavy volume spike indicating possible distribution phase

· Price unable to sustain above $0.0270 — showing weakness

· Expecting a pullback after an overextended move

#BIO #Trading #Crypto #ShortSetup

BIO

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