$BIO BULLISH SETUP:
The $BIO pair is showing signs of bullish recovery as price holds above key support levels. SAR below price indicates upward momentum, while Wm %R at -83.56 suggests the market is approaching oversold bounce territory, favoring a potential upside. Immediate resistance is observed at 0.0473–0.0501, with support near 0.0439–0.0451. A successful break above resistance could open the way for further gains.
Long Entry: 0.0451–0.0458
TP Targets: 0.0473 / 0.0501
SL: 0.0438
Risk Management: Maintain moderate position size due to volatility; move SL to breakeven after first TP to protect profits.
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BIO
0.0451
+0.44%