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$BIO /USDT BULLISH BREAKOUT SETUP â LONG ENTRY AHEAD0.0810_0.0820đł
The price action of đڏ
$BIO /USDT shows strong recovery momentum after forming a solid base near the lower support region. The recent rise in volume and higher lows formation indicate renewed buying pressure. Price is moving above short-term EMA, confirming bullish sentiment with potential continuation.
Technical Outlook:
Trend Direction: Uptrend resumption confirmed by higher highs.
Indicators: MACD turning positive, BOLL bands widening, signaling potential volatility expansion.
Resistance Zone: Watch breakout above $0.0869 for confirmation of strength.
Support Zone: Strong base formed around $0.0810â0.0820.
TRADE PLAN:
Entry (Long): Above $0.0870 on confirmation candle close
Targets (TP):
1ď¸âŁ TP1 â $0.0895
2ď¸âŁ TP2 â $0.0920
3ď¸âŁ TP3 â $0.0955
Stop Loss (SL): Below $0.0815
RISK MANAGEMENT:
Use 2â3% capital risk per trade, trail stop once TP1 hits, and adjust position size according to volatility. Discipline and patience remain key to securing profits.
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