$BICO Facing Strong Resistance .. Rejection Could Be Next
$BICO has surged over 50% and is now facing heavy resistance around 0.0600–0.0640. The long upper wicks and slowing candles suggest sellers are appearing. A rejection from this zone could trigger a pullback.
SHORT SETUP
Entry: 0.0550–0.0600
TP1: 0.0500
TP2: 0.0450
TP3: 0.0400
SL: 0.0645
Wait for confirmation before entering.
$BICO
$BICO has surged over 50% and is now facing heavy resistance around 0.0600–0.0640. The long upper wicks and slowing candles suggest sellers are appearing. A rejection from this zone could trigger a pullback.
SHORT SETUP
Entry: 0.0550–0.0600
TP1: 0.0500
TP2: 0.0450
TP3: 0.0400
SL: 0.0645
Wait for confirmation before entering.
$BICO
