$BIO IS TESTING A KEY SUPPORT THAT COULD BREAK HARD 📉
Entry: 0.0294 – 0.0298 🔥
Target: 0.0285 🚀
Stop Loss: 0.0312 ⚠️
$BIO has been losing ground steadily on the 4H chart, and each rally to resistance has been sold into with heavier volume. Price is now sitting on a support zone that has flipped from demand to supply twice in the past week. A clean breakdown below 0.0294 would likely accelerate selling toward the next liquidity pocket.
The short side is clearly preferred here as long as we stay under 0.0305. Do you see support holding or are you ready to short the breakdown?
Not financial advice. Always manage your risk.
#BIO #ShortSetup #Bearish #Breakdown #Crypto
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Entry: 0.0294 – 0.0298 🔥
Target: 0.0285 🚀
Stop Loss: 0.0312 ⚠️
$BIO has been losing ground steadily on the 4H chart, and each rally to resistance has been sold into with heavier volume. Price is now sitting on a support zone that has flipped from demand to supply twice in the past week. A clean breakdown below 0.0294 would likely accelerate selling toward the next liquidity pocket.
The short side is clearly preferred here as long as we stay under 0.0305. Do you see support holding or are you ready to short the breakdown?
Not financial advice. Always manage your risk.
#BIO #ShortSetup #Bearish #Breakdown #Crypto
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