$BIO USDT
has shown a strong rebound from the 0.0218 support zone and is currently trading around the 0.033 area. Despite the recent bullish momentum, the overall daily structure remains bearish as the price is still trading below the EMA50, indicating broader downside pressure. However, the latest strong bullish candle suggests short-term buyer interest and a possible relief rally.
đ Entry Zone: 0.0315 â 0.0335
đŻ Target 1: 0.0355
đŻ Target 2: 0.0420
đ Stop Loss: 0.0285
A confirmed breakout above the 0.035â0.036 resistance zone (EMA area) with strong volume could trigger continuation toward the 0.042 region. Failure to break above resistance may lead to consolidation or another pullback.
đ Volume expansion indicates fresh buying activity, but a confirmed trend reversal requires formation of higher highs and higher lows on the daily timeframe.