📉$BIO is showing very strong bearish momentum with a 9-sequence short setup, backed by $126K cumulative short volume. Consecutive selling signals indicate persistent seller pressure, favoring further downside while resistance holds.
🎯 Short Entry Zone:
0.02630 – 0.02660
Targets:
🎯 TP1: 0.02590
🎯 TP2: 0.02540
🎯 TP3: 0.02470
🛑 Stop Loss:
Close above 0.02710
📊 Trading Logic:
The 9-sequence structure and $126K cumulative short volume provide strong bearish confirmation. Prefer a bounce into the entry zone followed by rejection rather than chasing an extended downside move.
⚠️ Risk Note:
The very high sequence count can also increase short-squeeze risk. BIO has relatively low 24h volume, so sudden spikes are possible. Keep leverage controlled and position size small.
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