My Prediction got Right which I Did 10 hrs Ago๐ฅ๐ฅ
$BIO is +56% and standing at 0.2324, Huge Bull Run๐ฅ๐ฅ
Those Who Waited and held it Earned Pretty got Profit๐ฅ๐ฅ
BIO
0.0429
+1.90%
$BIO / USDT Trade Signal:
Good Opportunity to Grab Good Amount of Profit๐ฅ๐ฅ
Here is the analysis and prediction:
Prediction: LONG (Bullish)
The price is currently at 0.1857, showing a strong increase of +25.22%. It is trading near the 24h high (0.1889) and well above all key moving averages (MA(7): 0.1731, MA(25): 0.1561, MA(99): 0.1403), indicating a strong bullish trend. The volume is very high (532.01M BIO / 86.02M USDT), confirming strong buying pressure. The Bollinger Bands show the price approaching the upper band (0.1899), which may act as resistance, but the momentum suggests potential for further upside. The chart structure shows a sharp rally with minimal pullbacks, indicating aggressive buying.
Entry Point: 0.1840 - 0.1860
Enter on a slight pullback to the immediate support (near MA(7) or the middle Bollinger Band) or on a breakout above 0.1889 (24h high).
Take Profit Levels:
- TP1: 0.1899 (upper Bollinger Band resistance)
- TP2: 0.1950 (psychological resistance beyond the high)
- TP3: 0.2000 (next major resistance level)
Stop Loss: 0.1770
This is below the middle Bollinger Band (0.1774) and the MA(7) (0.1731) to account for volatility while protecting against a reversal.
Rationale:
- The price is in a strong uptrend with high volume and momentum.
- Moving averages are bullish and acting as support.
- The Bollinger Bands are expanding, indicating increased volatility and continuation potential.
- The stop loss is placed below key support to manage risk.
Note: Given the sharp rally, be cautious of a potential pullback. Monitor for any break below 0.1770 which could signal a short-term correction. Consider trailing stops if the momentum continues.
$BIO
{spot}(BIOUSDT)
Good Opportunity to Grab Good Amount of Profit๐ฅ๐ฅ
Here is the analysis and prediction:
Prediction: LONG (Bullish)
The price is currently at 0.1857, showing a strong increase of +25.22%. It is trading near the 24h high (0.1889) and well above all key moving averages (MA(7): 0.1731, MA(25): 0.1561, MA(99): 0.1403), indicating a strong bullish trend. The volume is very high (532.01M BIO / 86.02M USDT), confirming strong buying pressure. The Bollinger Bands show the price approaching the upper band (0.1899), which may act as resistance, but the momentum suggests potential for further upside. The chart structure shows a sharp rally with minimal pullbacks, indicating aggressive buying.
Entry Point: 0.1840 - 0.1860
Enter on a slight pullback to the immediate support (near MA(7) or the middle Bollinger Band) or on a breakout above 0.1889 (24h high).
Take Profit Levels:
- TP1: 0.1899 (upper Bollinger Band resistance)
- TP2: 0.1950 (psychological resistance beyond the high)
- TP3: 0.2000 (next major resistance level)
Stop Loss: 0.1770
This is below the middle Bollinger Band (0.1774) and the MA(7) (0.1731) to account for volatility while protecting against a reversal.
Rationale:
- The price is in a strong uptrend with high volume and momentum.
- Moving averages are bullish and acting as support.
- The Bollinger Bands are expanding, indicating increased volatility and continuation potential.
- The stop loss is placed below key support to manage risk.
Note: Given the sharp rally, be cautious of a potential pullback. Monitor for any break below 0.1770 which could signal a short-term correction. Consider trailing stops if the momentum continues.
$BIO
{spot}(BIOUSDT)
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