$BICO are you going to drop?
🚨 BICO update
My short position is still open.
Price is holding above 0.024 while BTC remains strong. Buyers are active, but the largest liquidity cluster is still sitting higher.
📈 Resistance: 0.0285–0.0295
📉 Support: 0.0238 → 0.0228 → 0.0218
Plan:
• Holding my current short.
• If price sweeps 0.0285–0.0300 and shows rejection (long upper wicks + strong selling volume), I’ll consider adding to the position.
• A clean breakout and hold above 0.0295 would weaken the bearish setup and could open the way to 0.031–0.032.
For now, I’m waiting for liquidity to be taken before expecting a larger move down. 📊
#crypto #Alts #BICO #short
🚨 BICO update
My short position is still open.
Price is holding above 0.024 while BTC remains strong. Buyers are active, but the largest liquidity cluster is still sitting higher.
📈 Resistance: 0.0285–0.0295
📉 Support: 0.0238 → 0.0228 → 0.0218
Plan:
• Holding my current short.
• If price sweeps 0.0285–0.0300 and shows rejection (long upper wicks + strong selling volume), I’ll consider adding to the position.
• A clean breakout and hold above 0.0295 would weaken the bearish setup and could open the way to 0.031–0.032.
For now, I’m waiting for liquidity to be taken before expecting a larger move down. 📊
#crypto #Alts #BICO #short