Guys…
Take a close look at the $BIO chart. It’s currently sitting at a strong rejection zone. This area used to act as support, but after the recent crash, it has clearly flipped into resistance and a strong one.
From here, there’s a very high probability that price rejects and moves down again.
But I’m not entering right now.
If you want to take an early entry, that’s your call — but I’m waiting for a proper rejection confirmation. That’s the safer and more controlled approach.
Once the rejection is confirmed, I’ll take the entry.
Until then:
Stay patient… let the setup prove itself before you commit.
#CFTCWillUseAItoReviewCryptoRegistrations #GoldRetracedToAround$4500
Take a close look at the $BIO chart. It’s currently sitting at a strong rejection zone. This area used to act as support, but after the recent crash, it has clearly flipped into resistance and a strong one.
From here, there’s a very high probability that price rejects and moves down again.
But I’m not entering right now.
If you want to take an early entry, that’s your call — but I’m waiting for a proper rejection confirmation. That’s the safer and more controlled approach.
Once the rejection is confirmed, I’ll take the entry.
Until then:
Stay patient… let the setup prove itself before you commit.
#CFTCWillUseAItoReviewCryptoRegistrations #GoldRetracedToAround$4500