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2026-05-02 15:31:22

$BIO Parabolic Rally Exhaustion Reversal Setup

Trade Setup: Short
Entry zone: 0.0625 – 0.0655
Tp1: 0.0558
Tp2: 0.0500
Tp3: 0.0440
SL: 0.0675
Price is up +52% with strong parabolic expansion, but momentum is showing exhaustion after rejection from 0.0660 highs. Profit-taking pressure is increasing at elevated levels.
If BIO fails to hold above 0.0650, continuation toward 0.0558–0.0440 support zone is likely as correction unfolds.#WCTCTradingKingPK

BIO7.9%

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