$BIO

🔎 Current Situation

Price now: $0.1984

EMA trend:

EMA(7) = 0.1873 (price is above – short-term bullish).

EMA(25) = 0.2006 (price just under – facing resistance).

EMA(99) = 0.1642 (still bullish over longer term).

Recent price action: After a big dump from $0.3254, price hit a bottom near $0.1575 and bounced. Now testing EMA(25).

KDJ: %K is crossing upward from oversold (bullish short-term signal).

Volume: Bounce is happening with decent buy support.

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📈 Short-Term Outlook (Next 2 Days)

1. Bullish Scenario (higher chance right now):

If price can break and hold above $0.2006 (EMA25) → next targets are:

$0.2137 (recent 24h high / resistance).

$0.2380 zone if momentum is strong.

2. Bearish Scenario (if rejected at EMA25):

If price fails to stay above $0.200 → could retest support:

$0.1850 (support zone).

$0.1600 (recent low).

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🎯 My View

For the next 48 hours, the chart suggests a short-term bullish recovery as long as it holds above $0.187–0.190.

Strong resistance sits at $0.213–0.215. If broken, it can rally higher.

If rejected, expect sideways between $0.185 – $0.200.

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✅ Best Entry Idea (low risk): Around $0.187–0.190 support zone.

⚠️ Best Exit / Partial Sell Zone: $0.213 – $0.215 first, then $0.238 if momentum continues.

📌 Best Entry Zone

$0.187 – $0.190 → This is the strong support zone (just above EMA(7) and near recent bounce).

If price dips again to this area, it gives the lowest risk/highest reward entry.

📌 Secondary Safer Entry

If it breaks and stabilizes above $0.200 – $0.202 (EMA25 resistance), you can enter on confirmation.

That entry is a little higher but safer since momentum will be bullish.

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✅ Entry Strategy:

First buy zone: $0.187 – $0.190 (for maximum profit if bounce holds).

Second buy zone: $0.200 – $0.202 (if breakout confirmed).

⚠️ Stop Loss: Below $0.180 (to protect capital in case of reversal).

🎯 First Target: $0.213 – $0.215

🎯 Second Target: $0.238

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