$BIO â 𩞠Short â Fading the relief rally!
Entry: 0.02714
TP: 0.02513
SL: 0.02754
Insight
#BIO (Bio Protocol) is signaling a bearish trend reversal after its failed attempt to hold the 0.030 psychological level. Despite the excitement around the "BioAgent" launches and DeSci narratives this February, the technicals show a clear shift. The price has broken below the 4-hour 50 EMA, and with trading volume declining significantly, the path of least resistance points toward the 0.025 liquidity zone.
Stop buying the local topsâfollow for the real trend!