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$BIO showing signs of stabilization after a strong liquidity sweep toward the 0.04237 support zone.
Sellers lost momentum after the aggressive dump, while buyers are slowly attempting to regain short-term control.
EP
0.04310 - 0.04330
TP
TP1 0.04400
TP2 0.04500
TP3 0.04620
SL
0.04220
The 1H structure is trying to recover after forming a temporary base near the daily low. Price is now holding above the short-term support region while volume begins to normalize after panic selling.
A successful reclaim above 0.04400 could open the door for a stronger impulsive move toward higher resistance levels. If momentum continues building, BIO may attempt to revisit the 0.04550 - 0.04620 supply area.
Traders should watch for: • Increasing buy volume
• Higher low formation on lower timeframes
• Strong candle closes above resistance
• Momentum shift near MA levels
The market is still volatile, but BIO is attempting a short-term recovery after the sharp downside flush.
Let’s go $BIO
#GateSquareMayTradingShare
#BitcoinVShapedReversalBack