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Today, the BIO price is fluctuating around 2.40, maintaining a strong upward trend overall. From a mid-term perspective, the bullish alignment of moving averages and moderate Trading Volume release indicate that buyers still hold the initiative.
For trading strategy, the range of 2.30 to 2.33 can be seen as important support. If it pulls back to this area and stabilizes, you can consider gradually building long positions. The area from 2.45 to 2.50 constitutes recent resistance, and if it can effectively break through with increased Trading Volume, it may open up a new round of upward space. However, if the price falls below the 2.25 level, it is recommended to temporarily stop loss and wait for new entry signals.
Overall, BIO is still in a long positions trend. A short-term pullback may actually present a good opportunity for positioning. As long as the price can hold above the key support level, the range of 2.45 to 2.50 remains the target area for the next phase, with the bulls still holding the rhythm advantage.
It is noteworthy that market trends are influenced by multiple factors, and investors should closely monitor real-time market dynamics to adjust their strategies in a timely manner. At the same time, it is equally important to manage risks properly and set stop-loss orders to ensure capital safety.