$BIO is trading with +6.7% strength over the last 24 hours, showing steady demand despite recent volatility. After a controlled pullback from the 0.0488 high, price found support near 0.0451 and is now attempting to stabilize. On the 1H timeframe, selling pressure has clearly slowed, and small-bodied candles suggest consolidation after a dip, often a precursor to the next directional move.

The structure shows that buyers are defending the lower range while price builds a base. As long as BIO holds above the recent support, the setup favors a potential rebound toward the upper resistance zones rather than continuation of the drop.

Trade Setup

• Entry Zone: 0.0450 – 0.0458

• Target 1: 0.0472

• Target 2: 0.0488

• Target 3: 0.0515

• Stop Loss: 0.0442

A confirmed break and hold above 0.0475 with volume would signal strength returning and open the path toward higher levels. Losing the 0.0442 support would invalidate the bullish recovery idea and keep price range-bound.

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BIO
BIO
0.0254
+8.54%