BIO/USDT Technical Analysis
Today brings exciting news for BIO — the token has been listed on Upbit, one of South Korea’s largest and most popular crypto exchanges. This listing has once again brought attention to BIO’s potential in the biotechnology and blockchain sectors, sparking renewed investor interest.
Now, let’s move on to the technical side and take a closer look at what’s happening on the chart.
The handle is forming within the $0.11–$0.18 range. As long as the price stays above this zone, the structure supports the potential for an upward breakout. The key resistance level to watch is $0.1874. If the price closes above this point, it would confirm a bullish breakout, and we could expect momentum to accelerate.
According to a bullish scenario, the first target would be $0.2690, followed by a resistance zone between $0.3059 and $0.37. A break above this area could open the way toward the technical target at $0.4554. In the longer term, the formation offers potential for a move up to around $0.6184.
According to a bearish scenario, $0.1148 remains the most critical support. Losing this level could trigger a drop toward $0.0771, invalidating the handle formation.
- Key Levels to WatchSupport levels: $0.1148 → $0.0771Resistance levels: $0.1874 → $0.2690 → $0.3059 → $0.4554 → $0.6184
This analysis does not provide investment advice. It focuses on potential short- and medium-term support and resistance zones that may offer trading opportunities under certain market conditions. All trading decisions and risk management remain the trader’s responsibility — and using a stop-loss is strongly recommended.
