📢 $BIO / $USDT | 🔴 SHORT | ⭐ 68.7%
🎯 Objective: $0.02706. Is it still falling?

🎯 Trading levels:
🟢 Entry: $0.02756
🛑 Stop Loss: $0.02786
🏁 TP1: $0.02706
🏁 TP2: $0.02696
🏁 TP3: $0.02676

📉 Analysis:
The structure of $BIO / $USDT shows a fully bearish alignment across all timeframes, confirmed by the EMA20 trading below the EMA50 and a bearish MACD crossover (trend momentum indicator). The ADX of 41.06 confirms a strong bearish trend, while the RSI of 42.14 leaves enough room to continue the drop toward the technical support at $0.02715.

⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5

The bearish thesis is invalidated if the price exceeds $0.02786, negating the current selling pressure. Continuation of the move depends on a sustained breakout below the immediate support with an increase in relative volume, which is currently low (0.35x).

Do you think the support at $0.02715 has enough strength to stop this bearish momentum?

💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.

#crypto #BIO #trading #Futures #Bearish