🔴 $BICO — Short Setup
#BICO is at $0.02003 (-13.29%). The short structure is strong: price is below MA(7), MA(25), MA(99) and well below the Supertrend at $0.05130. Recent market data also shows BICO has been experiencing sharp downside volatility.
MA(7): 0.02686
MA(25): 0.02513
MA(99): 0.02202
Supertrend: 0.05130 🔴
24h High: 0.02404
24h Low: 0.01956
Preferred entry: 0.0215–0.0225 on rejection
TP1: 0.01956
TP2: 0.0175
TP3: 0.0150
SL: 0.0233
⚠️ Don't chase at $0.02003. Price is already close to the 24h low, so a relief bounce toward the MA(99) around $0.0220 is possible. If BICO reclaims $0.0233, invalidate the short.
#Futures_Signals
#BICO is at $0.02003 (-13.29%). The short structure is strong: price is below MA(7), MA(25), MA(99) and well below the Supertrend at $0.05130. Recent market data also shows BICO has been experiencing sharp downside volatility.
MA(7): 0.02686
MA(25): 0.02513
MA(99): 0.02202
Supertrend: 0.05130 🔴
24h High: 0.02404
24h Low: 0.01956
Preferred entry: 0.0215–0.0225 on rejection
TP1: 0.01956
TP2: 0.0175
TP3: 0.0150
SL: 0.0233
⚠️ Don't chase at $0.02003. Price is already close to the 24h low, so a relief bounce toward the MA(99) around $0.0220 is possible. If BICO reclaims $0.0233, invalidate the short.
#Futures_Signals