BIO/USDT Technical Analysis



#BIO# made a remarkable move in a short time by gaining strong upward momentum. Currently, the price is trading at around 0.23 $. The critical support and resistance levels on the chart have become clear:
•🔴 Support 0.15 $
•🔴 2nd Support 0.17 $
•🔴 3rd Support 0.21 $
•🟢 Resistance Level 0.32 $
•🟢 Main Resistance 0.44 $

In the upcoming period, it is expected that the price will gradually rise towards the $0.32 level, and if it maintains its position above this region, it may create a momentum that continues up to the $0.44 band.

The preservation of support levels is critical for the healthy progression of the upward trend. In particular, staying above $0.21 can strengthen the price's upward movement.

As a result, $BIO currently maintains its bullish potential from a technical perspective. In the medium term, investors will be focused on the resistance levels of 0.32 $ and 0.44 $.

#Crypto # Altcoin #Web3
BIO-5.91%
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