$BIO Short 50x – Resistance is reacting exactly where expected.


BIO is rejecting the 0.04817–0.04891 zone, and I just entered Short 50x Isolated.
Trade Plan:
- Entry: 0.04817 – 0.04891
- TP1: 0.04631 (R:R 1:1.0)
- TP2: 0.04557 (R:R 1:1.3)
- TP3: 0.04408 (R:R 1:2.0)
- SL: 0.05077
Why this setup?
- 4h short bias remains intact, while daily context stays range-bound with price reacting from 0.04817–0.04891 near 0.04854.
- 15m RSI is at 66, showing elevated momentum that can still roll over from here.
- 15m volume is 4.00x, with 9.47M traded versus 2.37M expected, confirming real sell-side participation.
My call. Your execution.
Trade here and Comment your view on this setup and I’ll help break it down.
$BIO ‌#GateSquareMayTradingShare
BIO-4.26%
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