$BIO /USDT – Short Trade Setup

Last Price: $0.04707

24h High / Low: $0.04872 / $0.04361

24h Volume: 873.98M BIO (~40.71M USDT)

Mark Price: $0.04715

Key Levels:

Resistance: $0.04872 – 24h high

Support: $0.04361 – 24h low

Immediate Resistance Zone: $0.048–$0.049

Immediate Support Zone: $0.046–$0.045

Short Trade Outlook:

Price recently rejected near $0.048–$0.049, indicating potential short-term weakness.

Current price $0.04707 is below the immediate resistance but above strong support at $0.046.

A break below $0.046 could target $0.045 and $0.04361.

Potential Short Entry: $0.0475–$0.048

Target 1: $0.046