๐ $BIO ๐งฌ is bouncing ๐ into resistance ๐ again โ looks ๐ like a fade ๐ซ๏ธ setup ๐, not a breakout ๐.
๐ Trading Plan ๐ โ Short ๐ป $BIO ๐งฌ
Entry ๐ฅ: 0.0284 ๐ โ 0.0292 ๐
SL ๐ก๏ธ: 0.0310 ๐ซ
TP1 ๐ฏ: 0.0265 ๐ฐ
TP2 ๐ฏ: 0.0248 ๐ธ
TP3 ๐ฏ: 0.0230 ๐ฆ
๐ Market Analysis ๐
$BIO ๐งฌ pushed ๐ up ๐ but momentum โก feels ๐ง thin ๐ and corrective ๐. Buyers ๐ arenโt โ getting ๐ real โ expansion ๐น, and rallies ๐ are being ๐ absorbed ๐งฝ near ๐ the highs ๐๏ธ. Structure ๐๏ธ hasnโt โ shifted ๐ in favor ๐ of bulls ๐ โ lower ๐ timeframe โฑ๏ธ flow ๐ still ๐ looks ๐ distributive ๐ค. If โ this rejection โ holds ๐งฑ, downside ๐ continuation โก๏ธ toward ๐ the prior ๐ liquidity ๐ง base ๐ข is the higher-probability ๐ฒ move ๐.
