🚨$BIO SHORT LIQUIDATION ALERT – 🚨
💰 Liquidation Executed: $1.193K
📉 Entry Price: $0.04898
Market Insight:
$BIO has experienced strong bearish pressure after failing to break key resistance zones. Short-term sentiment remains negative as sellers dominate the order book. Liquidity clusters indicate potential stops are being triggered around $0.049–$0.050, confirming the ongoing short momentum.
Next Move / Strategy:
Traders should watch for continued downside momentum. If closes below the $0.0485 mark, it may accelerate toward the first major support zone.
Targets (TG):
🎯 TG1: $0.0475 – Immediate support, ideal for partial profit-taking
🎯 TG2: $0.0460 – Stronger support, expected reaction point
🎯 TG3: $0.0445 – Final downside target, potential rebound zone
Market Sentiment:
High short pressure on lower timeframes
Volume spike confirms liquidation absorption by larger players
Watch for potential short-squeeze if price rapidly dips below TG3
Next Move Recommendation:
Maintain short positions cautiously. Consider partial exits at TG1 and TG2. Tighten stop-loss above $0.0495 to minimize risk.
⚡ Pro Tip: Monitor BTC/ETH trends; often mirrors the broader market, so any bullish reversal in BTC could slow the downside momentum.
