
Post
$BIO
The price is trading at 0.03548 (+12.20%), touching the highest 24-hour area of 0.03562. This is a strong breakout move after the accumulation phase.
Positive points:
• The price has crossed all MA lines (MA5 0.03380 > MA10 > MA20 > MA30), showing a very strong increase in momentum.
• Forming a long series of green candles, especially 2 recent big candles, with a good increase in volume.
• The short-term MA line slopes up significantly, supporting the short-term uptrend.
Support - Resistance:
• Near support: 0.03400 - 0.03380 (MA5)
• Strong support: 0.03200 - 0.03180 (MA20-30 zone)
• Resistance: 0.03600 - 0.03700
Review:
The short-term trend is very bullish. The price is in the acceleration period after the breakout. Can continue to target 0.0365-0.0375 if kept above 0.0345.
Risk: Technical pullback on MA5 or MA10 is normal. Risk management should be strictly managed, prioritize buying dip or following the trend.

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