$BIO is holding steady around 0.0451, showing a +1.5% move in the last 24 hours. After a strong push toward 0.0465, price pulled back and is now consolidating above the key demand zone, which keeps the structure constructive.
On the 1H timeframe, candles are stabilizing after the retrace, and buyers are defending the 0.0447 area well. This behavior usually hints at absorption and potential continuation, not weakness.
Market Structure Insight
Strong intraday high at 0.0465
Healthy pullback, no aggressive sell-off
Support holding at 0.0447 – 0.0450
Compression forming below resistance
Trade Setup (Spot-focused)
• Entry Zone: 0.0448 – 0.0452
• Target 1 : 0.0460
• Target 2 : 0.0475
• Target 3 : 0.0485
• Stop Loss: 0.0442
Outlook
If BIO breaks above 0.0465 with convincing volume, it can flip resistance into support and open the door for a continuation toward the 0.048+ zone. As long as price holds above the current base, the bias remains cautiously bullish.
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