BIO has successfully flipped resistance into support and is now consolidating above the trendline, showing strength at every retest.- Breakout from downtrend resistance
- Holding the rising support trendline
- Buyers stepping in near the $0.074 zone (green box)
- Risk-reward is still favorable if you're looking for continuation
Targets ahead:
• $0.102
• $0.123
• $0.149
As long as the trendline holds, the structure remains bullish. Keep SL tight below the green zone and trail as the price climbs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.