$BIO is displaying a classic double-bottom formation on the 15-minute chart, signaling a strong rejection of the 0.0289 support level. After a period of downward pressure, the recent bullish engulfing candles indicate that buyers are returning to the market with significant momentum. If the price maintains its current trajectory and breaks above the immediate resistance at 0.0310, it could trigger a sustained rally as the market seeks to retest previous daily highs.
Target 1: 0.0325
Target 2: 0.0348
Target 3: 0.0375
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