BIONYSE:BIO USDT
#Bio is currently trading within a descending triangle pattern on the daily chart 🧐
The price is testing the $0.30 support zone, which could provide a strong bounce opportunity 🔺
If the support holds and the price breaks above the descending resistance, expect upward movement toward targets at $0.70, $1.00, and $1.53 🎯
Trade ideas
RSI confirmed break out is coming? ---> LONGHi Traders,
This element just stepped out from its paralel chanel and the RSI shows us a sign it will be brake out.
I can imagine that scenario being drawn.
My first target is 0.489, there is a resistant level, then some draw back, after (if the BTC does not fall) I'm waiting a continued rising.
Good luck!
Be careful!
BIO Protocol: Early Signs of Parabolic Growth?The BIO PROTOCOL pair presents an exciting early-stage setup, consolidating near its base at $0.66 with signs of parabolic growth on the horizon. As decentralized science (DeSci) gains traction globally, projects like BIO are pioneering the intersection of blockchain and scientific innovation. DeSci aims to revolutionize how research is funded, shared, and executed, empowering communities to drive progress beyond traditional structures.
With BIO positioned as a potential leader in this space, could this chart reflect the growing confidence in DeSci's impact? Watch for breakout confirmations and volume spikes that might signal the market's belief in BIO's role in the decentralized science revolution.
Let us know your analysis, key levels, and thoughts on DeSci in the comments!
BIO/USDT Analysis
Key Market Setup
Triangle Pattern: #BIO is consolidating within a symmetrical triangle, indicating potential for a breakout.
Fibonacci Levels: Price is currently hovering near the 0.618 Fibonacci retracement zone, making it an optimal entry point for long positions.
Projected Targets 📈
🎯 Target 1 (T1): $1.3456
🎯 Target 2 (T2): $1.8276
🎯 Target 3 (T3): $2.2448
🎯 Target 4 (T4): $2.6863






