Trading Plan: Short $BIO
$BIO is bouncing into resistance again, and it’s looking more like a fade setup than a breakout. Momentum feels thin and corrective; buyers aren’t achieving real expansion, and rallies are being absorbed near the highs.
The overall structure hasn’t shifted in favor of the bulls—lower timeframe flow still appears distributive. If this rejection holds, a downside continuation toward the prior liquidity base is the higher-probability move.
Entry: 0.0284 – 0.0292
Stop Loss (SL): 0.0310
Take Profit 1 (TP1): 0.0265
Take Profit 2 (TP2): 0.0248
Take Profit 3 (TP3): 0.0230
Trade $BIO here 👇
