$BIO #
BIO/USDT (4H) Technical Analysis
BIO is currently trading inside a well-defined demand zone around 0.0420–0.0440, where buyers have shown interest multiple times.
The recent bounce from this zone suggests short-term bullish relief after a strong corrective move from the highs.
Price previously made a sharp impulse up, followed by a deep pullback, indicating profit-taking and weak momentum continuation.
The current structure looks like a potential higher low, which is a positive sign if support holds.
Immediate resistance lies near 0.0465–0.0480, which aligns with the previous breakdown area.
A clean breakout and 4H close above this resistance could push price toward 0.050–0.052.
Volume has decreased during the pullback, suggesting selling pressure is weakening.
If price fails to hold above 0.0420, downside risk increases toward 0.0400–0.0385.
The market is still in a range-bound phase, so fake breakouts are possible.
Conservative traders should wait for confirmation above resistance before entering longs.
Aggressive traders may look for scalp longs from demand with tight stop-loss.
Overall bias is neutral to mildly bullish as long as the demand zone remains intact.
Trend continuation depends on reclaiming the mid-range and sustaining volume expansion.
