BIO is currently reacting from a key immediate demand zone following a falling wedge structure. This setup suggests a potential trend reversal, especially with price holding above the $0.06 base.
We're eyeing a breakout toward the first target at $0.1039, with further continuation possible to $0.1725 if bullish momentum sustains. Failure to hold the current zone could send price lower toward the strong demand zone around $0.0405–$0.0480 for another buy opportunity.
Structure looks promising keep this on your radar.
We're eyeing a breakout toward the first target at $0.1039, with further continuation possible to $0.1725 if bullish momentum sustains. Failure to hold the current zone could send price lower toward the strong demand zone around $0.0405–$0.0480 for another buy opportunity.
Structure looks promising keep this on your radar.
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