$BIO is showing exhaustion after a vertical expansion move into heavy resistance near the previous rejection zone. RSI has entered overheated territory while price is stretching aggressively away from MA25, increasing probability of a cooling phase. MACD remains bullish but momentum candles are weakening, often an early sign of distribution after parabolic rallies. Structure is beginning to print rejection wicks around local highs, suggesting sellers are defending the upper range aggressively. Best execution is scaling into shorts through DCA entries during volatility spikes while maintaining strict invalidation above the SL zone.
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