【$BIO Signal】Short squeeze pullback, sniper second surge

$BIO 1H level RSI soaring to 91.62, buying pressure extremely crowded. The upper band of the 4H Bollinger Bands is violently broken through, price has already moved above 0.0383, MACD double cycle shows bullish divergence. But funding rate -0.1065%, short positions are being continuously squeezed, a typical short squeeze structure. Market depth imbalance -17.87%, sell orders are thin, any pullback may be quickly bought back.

Price repeatedly tests around 0.03924, here you can directly try a light long position.

⚡ Entry: 0.03924

🛑 Stop loss: 0.02030

🚀 Target 1: 0.02944

🚀 Target 2: 0.03249

🛡️ Trading management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry level, automatically exit to protect capital.

This extreme negative funding rate combined with strong sideways price action still has plenty of fuel for short covering. The 1-hour trading volume did not significantly shrink after the surge, indicating sufficient turnover. Although the RSI at high levels increases the risk of stagnation, as long as the short squeeze logic remains intact, it is safer to follow the trend than to guess the top. The wide range from 0.02335 to 0.03924 provides clear points for pullback and long entry, with a clear risk-reward ratio.

Check real-time market 👇 $BIO
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#GatePreIPOs首发SpaceX #Gate3月透明度报告 #高盛申请比特币收益型ETF