🚀 $BIO – LONG SETUP (Active Entry)
Current Price Area: ~0.031–0.032
Timeframe: 4H / 1W structure
Bias: Short-term reversal inside higher timeframe base
⸻
📈 Market Context
• Strong rebound +40% intraday momentum
• RSI recovering from oversold zone
• Volume expansion after prolonged compression
• Price attempting to reclaim short-term EMA
After months of heavy sell-off, BIO appears to be forming a base and showing early strength.
⸻
🎯 Trade Plan (Can Enter Now)
🔹 Entry: 0.030 – 0.032 (market entry acceptable)
🔹 Stop Loss: 0.0265
(Below recent consolidation low – invalidates momentum)
🔹 Take Profit Levels:
• TP1: 0.036
• TP2: 0.042
• TP3: 0.050
• TP4: 0.065 (swing target)
⸻
📊 Risk-Reward
Risk ≈ 15%
Potential upside ≈ 30–100% depending on target
Favorable R:R if structure holds.
⸻
🔥 Trade Logic
✔ Momentum shift after prolonged downtrend
✔ Volume spike suggests fresh participation
✔ Strong short-term volatility expansion
✔ Weekly structure forming potential accumulation base
If price holds above 0.030 and consolidates, continuation toward 0.036+ becomes likely.
⸻
⚠ Invalidation:
Break and close below 0.0265.
⸻
Summary:
BIO is showing early reversal signals with momentum and volume backing. This is a momentum-based long, not a blind swing hold — manage risk accordingly.
#BIO #Long #CryptoTrade #Altcoin #RiskManagement
