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Everyone’s bidding $BIO /USDT longs at 0.04589—but the 15m RSI just flashed 37.09.
$BIO - SHORT
Trade Plan:
Entry: 0.04577 – 0.04601
SL: 0.04708
TP1: 0.04499
TP2: 0.04440
TP3: 0.04350
Why this setup?
• 4h MTF is armed SHORT with 55% confidence, targeting TP1 at 0.04499.
• 1h ATR is tight (0.001327), suggesting a compressed move—break below 0.04577 entry low triggers rapid downside.
• 1D trend is range, not bullish—so this isn’t a dip to buy; it’s a rejection zone.
Debate: #BTCPullback
Are you shorting the 0.04589 retest or waiting for a fakeout above 0.04601?
Click here to Trade 👇️ $BIO