$BIO /USDT – Bullish Breakout Watch
Market Structure
BIO is holding above key moving averages after a sharp rebound from $0.0478, showing signs of accumulation and base formation. Price compression near resistance hints at a potential upside expansion.
Key Levels
Support: $0.0500 – $0.0490
Resistance: $0.0515 → $0.0538
Bullish Trade Setup
Entry: Break & hold above $0.0515
Targets:
TP1: $0.0538
TP2: $0.0565
Stop Loss: Below $0.0488
Market Sentiment
Launchpool tokens often move fast once momentum kicks in. Sellers look exhausted, and if volume expands on the breakout, bulls could take control quickly. Momentum favors patience, then aggression on confirmation.
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