$BIO Losing Momentum — Distribution at Highs
$BIO SHORT SETUP \ Why this level matters: After a strong pump, this zone marks a weakening area where price is forming lower highs. When momentum fades at the top, it often signals distribution before a move lower.
Entry: 0.0398 – 0.0408
Target 1: 0.0368
Target 2: 0.0333
Target 3: 0.0298
SL: 0.0445
BIO pushed hard… but couldn’t sustain it. That’s the shift.
Lower highs are forming at the top — showing buyers are losing control.
No continuation, no strength — just fading momentum and weaker pushes.
When momentum dies at highs like this, price usually rotates lower toward the next liquidity zones.
$BIO
$BIO SHORT SETUP \ Why this level matters: After a strong pump, this zone marks a weakening area where price is forming lower highs. When momentum fades at the top, it often signals distribution before a move lower.
Entry: 0.0398 – 0.0408
Target 1: 0.0368
Target 2: 0.0333
Target 3: 0.0298
SL: 0.0445
BIO pushed hard… but couldn’t sustain it. That’s the shift.
Lower highs are forming at the top — showing buyers are losing control.
No continuation, no strength — just fading momentum and weaker pushes.
When momentum dies at highs like this, price usually rotates lower toward the next liquidity zones.
$BIO