BIO this wave of market is becoming more promising. After rising from the low point of 0.04007, it stabilized at the 0.04354 level, forming a standard double bottom pattern. Currently, the 4-hour RSI has returned to 62.36, indicating a relatively strong zone, which suggests that the upward momentum is still building. In the past 24 hours, the trading volume has maintained around 36.33 million, and the capital support is quite good, indicating there is indeed room for a short-term rally.
If you are optimistic about the future market, you can consider entering long positions in batches at 0.04826, setting a stop-loss at 0.04500 to manage risk. The key target level is 0.05500, which still offers some upside potential based on the current price. In terms of trading rhythm, there's no need to hesitate excessively; following the market with a market order is also acceptable, as long as risk management is in place.
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MaticHoleFiller
· 11h ago
The double bottom has stabilized. Is this really the time to rise?
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SilentObserver
· 12h ago
The double bottom has stabilized, and this time it's truly different. It's quite interesting.
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tx_pending_forever
· 12h ago
Once the double bottom stabilizes, go directly for 0.04826
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GasFeeNightmare
· 12h ago
A double bottom stabilizing is good, but out of this 36.33 million trading volume, how much was wash trading... Can't sleep late at night and counting gas fees.
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ILCollector
· 12h ago
Double bottoms are so exciting when they form; I've already got my positions lined up.
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JustHereForAirdrops
· 12h ago
The double bottom has just been confirmed, and this pace feels a bit fast.
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MissedTheBoat
· 12h ago
The double bottom pattern is back again, is it real or not?
BIO this wave of market is becoming more promising. After rising from the low point of 0.04007, it stabilized at the 0.04354 level, forming a standard double bottom pattern. Currently, the 4-hour RSI has returned to 62.36, indicating a relatively strong zone, which suggests that the upward momentum is still building. In the past 24 hours, the trading volume has maintained around 36.33 million, and the capital support is quite good, indicating there is indeed room for a short-term rally.
If you are optimistic about the future market, you can consider entering long positions in batches at 0.04826, setting a stop-loss at 0.04500 to manage risk. The key target level is 0.05500, which still offers some upside potential based on the current price. In terms of trading rhythm, there's no need to hesitate excessively; following the market with a market order is also acceptable, as long as risk management is in place.