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$BIO (1h) - Bearish Continuation Short
Bias: Short
Entry (Zone): 0.0405 - 0.0412
Targets:
TP1: 0.0390
TP2: 0.0376
TP3: 0.0358
Stop Loss: 0.0428
Why this Setup:
I’m looking for a continuation short because price is still making lower highs and lower lows on the 1h chart. I want a retest of the 0.0405-0.0412 area for rejection, with room for the trend to extend toward the recent support zones below.
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