đ¨ $BIO Strategy: The DeSci Support Snipe
The initial "markup phase" has transitioned into a distribution stall. We are sniping the retest of the major liquidity floor before the next narrative leg begins.
Entry Zone: $0.0285 â $0.0310 (Accumulating near the 1H structural floor)
TP1: $0.0346 (Immediate resistance / 24h high)
TP2: $0.0410 (Retest of the breakdown origin)
TP3: $0.0490 (Cycle target / Fibonacci expansion)
Stop Loss: $0.0265 (Hard exit below the local swing low)
Trade Logic:
$BIO has retraced significantly from its $0.048 peak, resetting the RSI from "Overbought" to "Neutral." The $0.030 level is a massive psychological and technical pivot point. With volume contracting, the "sell-side" is exhausting. We are longing the bounce, targeting a recovery toward the MA-25 ($0.034). If the $0.030 support holds, the next move will likely target $0.05 by the end of April.
#BIO #DeSci #TalhaSniper #BinanceSquare #smartmoney
