) — Weekly Resistance Rejection Setup

Timeframe: Higher Timeframe Reaction (Weekly Zone)

Bias: SHORT

BIO just had a strong impulsive daily candle into overhead supply.

The 0.0345 – 0.0350 zone is a major resistance area from previous breakdown structure.

If price pushes into this zone and shows rejection, we can expect a corrective move.

📌 Trade Setup

Entry Zone: 0.0330 – 0.0345

Stop-Loss: 0.0365 ❌

Targets:

🎯 TP1: 0.0285

🎯 TP2: 0.0250

🎯 TP3: 0.0215

Watch for rejection wicks / bearish engulfing near resistance.

Break and close above 0.0365 invalidates the setup.

High timeframe supply = strong reaction probability.

Buy and Trade $BIO

BIO

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