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$BIO (1h) - Bearish Breakdown
Bias: Short
Entry (Zone): 0.0432 - 0.0448
Targets:
TP1: 0.0420
TP2: 0.0400
TP3: 0.0385
Stop Loss: 0.0468
Why this Setup:
I’m seeing a clear sequence of lower highs and lower lows, with price losing the 0.044 area and momentum still leaning down. I’d look for a small pullback into resistance for a continuation short, since the recent bounce attempts keep getting sold and downside remains intact.
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