The price of $BIO may have entered the distribution zone!
This is an objective perspective for the die-hard fans of @BioProtocol who are considering buying to stake or hold while waiting for XX in their accounts =))
Looking at the chart, you can see that the liquidity at $0.30 is very large, and it is highly likely that the market makers have dumped a big chunk that they accumulated over nearly half a year. The current volume is very low, and it seems like the chart is drifting along the river of separation... I hope this prediction is wrong because I know many of you have already invested heavily in $BIO, right? Be honest now 😅
Why would the market makers push it back to the old peak when everyone is already on board at the current price? If we're lucky, the price might return to test $0.20 to take liquidity for the house and market makers to dump again! Stay alert, everyone 😎
#BioProtocol #TradingMindset
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