📉 $BIO : Rejecting the Top – 50x Short Play
Bearish momentum is heating up as BIO hits the rejection wall. We’ve tapped the 0.02763–0.02789 supply zone and the reaction is clear: it's time to go lower.
I’m positioned with a 50x Isolated Short. Here is the breakdown:
🎯 The Trade Map
Entry: 0.02763 – 0.02789
TP1: 0.02699 (1:1.0 R:R)
TP2: 0.02674 (1:1.3 R:R)
TP3: 0.02623 (1:2.0 R:R)
SL: 0.02853
🔍 Why Short?
Structure: The 4H setup is holding strong; daily resistance near 0.02776 is proving too heavy to break.
RSI: At 41 on the 15m chart, there is plenty of "fuel" left for a downward slide.
Volume: Real sell-side participation confirmed with 2.05M traded—sellers are firmly in control.
My call. Your execution. ⚡
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