$BIO IS TESTING A MAJOR SUPPLY ZONE โ CAN SELLERS HOLD? ๐ฅ
Entry: 0.0258 - 0.0266 ๐ฅ
Target: 0.0249 - 0.0224 ๐
Stop Loss: 0.0283 โ ๏ธ
The latest rebound has carried price into a resistance area that previously triggered aggressive selling at 0.0260. Volume is already declining on this push, and the advance is losing momentum as overhead liquidity absorbs bids. If supply holds here, the next sweep could target the liquidity below the recent swing structure โ marked by TP levels.
Is this the top of the bounce or just a pause before a breakout above supply?
Not financial advice. Always manage your risk.
#BIO #ShortSetup #SupplyZone #SwingTrade
๐ฅ
Entry: 0.0258 - 0.0266 ๐ฅ
Target: 0.0249 - 0.0224 ๐
Stop Loss: 0.0283 โ ๏ธ
The latest rebound has carried price into a resistance area that previously triggered aggressive selling at 0.0260. Volume is already declining on this push, and the advance is losing momentum as overhead liquidity absorbs bids. If supply holds here, the next sweep could target the liquidity below the recent swing structure โ marked by TP levels.
Is this the top of the bounce or just a pause before a breakout above supply?
Not financial advice. Always manage your risk.
#BIO #ShortSetup #SupplyZone #SwingTrade
๐ฅ