🔥 WHAT JUST HAPPENED
just ripped +28% in a single session — from $0.0252 all the way up to $0.0480 peak. Now it's pulling back hard to $0.0393, giving back roughly 18% from the top.
Classic post-pump structure. The big question is: bounce or bleed?
📊 KEY LEVELS TO WATCH
🔴 Resistance 1 : $0.0450 – $0.0460 (prev. candle tops)
🔴 Resistance 2 : $0.0480 (session high / local ATH)
🟢 Support 1 : $0.0380 (nearest wick low)
🟢 Support 2 : $0.0350 (pre-pump base)
🟢 Support 3 : $0.0300 (last strong structure)
🎯 SCALP SCENARIOS
Scenario A — Bounce Play 📈
Price holds above $0.0380 → look for reversal candle on 15M
Entry: $0.0385 – $0.0395
Target: $0.0440 → $0.0460
Stop Loss: $0.0365
R:R ≈ 1:2.5
Scenario B — Continuation Dump 📉
Fails to hold $0.0380 → flush incoming
Watch for short entry on retest rejection at $0.0400
Target: $0.0350 → $0.0310
Stop Loss: $0.0415
⚠️ SCALP RISKS
→ Volume-driven pump = fast reversal risk — don't hold bags
→ Only 53% of total supply is in circulation — remaining tokens still locked with cliff vesting, meaning sudden large unlock events are possible (Tokenomist)
→ BIO is trading -98% below its ATH of $0.8890 (CoinGecko) — overhead supply is massive
→ 15M chart = noise is high, use tight SL
📌 SCALPING RULES FOR THIS SETUP
✅ Wait for confirmation candle before entry — don't catch falling knife
✅ Take partial profits at first target, trail the rest
✅ Max risk per trade: 1–2% of capital
✅ If BTC dumps, exit immediately — don't fight macro
🔴 DISCLAIMER
This is NOT financial advice. Scalping crypto is extremely high risk. You can lose your entire position in minutes. Always use stop loss. DYOR.
#BIO #BioProtocol