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$BIO already showed its real move, and what we’re seeing now is not strength, it’s distribution.
Price pumped aggressively, swept liquidity, and since then it has been printing lower highs while struggling to hold above support. That mid zone is acting as weak demand, not strong support, and every bounce is getting sold into.
The current structure is leaning bearish. As long as price stays below that 0.034 area, this looks like a continuation to the downside rather than a recovery.
If this range breaks cleanly, the next move is likely a liquidity sweep toward the lower zone around 0.016. Right now, this is not a breakout chart, it’s a slow bleed setup.
#KelpDAOFacesAttack #AltcoinRecoverySignals?
Price pumped aggressively, swept liquidity, and since then it has been printing lower highs while struggling to hold above support. That mid zone is acting as weak demand, not strong support, and every bounce is getting sold into.
The current structure is leaning bearish. As long as price stays below that 0.034 area, this looks like a continuation to the downside rather than a recovery.
If this range breaks cleanly, the next move is likely a liquidity sweep toward the lower zone around 0.016. Right now, this is not a breakout chart, it’s a slow bleed setup.
#KelpDAOFacesAttack #AltcoinRecoverySignals?
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