Huang Yu | BIO/USDC Long Position: Strong Surge Rebound Support Confirmed


Market Observation:
1-hour chart shows that after a wave of extremely strong volume-driven rally, the price is currently in a high-level oscillation retracement phase. The price has fallen back to the moving average (EMA) support after reaching the high point, and the retracement momentum has weakened, indicating that buying pressure remains active in the support zone (around 0.035 - 0.037). The moving average system still maintains a bullish arrangement, and the overall upward trend has not been broken.

Trading Logic:
This is a "retracement buy" strategy within a strong upward trend. Use the opportunity of the price testing key support levels (EMA zone) to establish long positions, aiming for the next rally, targeting previous highs and liquidity zones above.

Parameter Settings:

Entry (Entry): Around 0.03694 (or enter lightly at the current price).

Stop Loss (SL): 0.02620.

Take Profit (TP): 0.05251.

Reminder: Cryptocurrency markets are highly volatile. BIO is currently in a high-volatility zone, and retracements may be significant. Be sure to strictly execute stop-loss orders, control position size according to your risk tolerance, and avoid over-leverage!
BIO37,24%
USDC-0,01%
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