$BICO reclaimed 0.01875. That does not make the chart bullish.
⚡ The 4h close reached 0.01905 on a 2.14% bar.
🔍 Taker buying: 51.21%
📈 One-hour OI growth: 1.62%
But the completed 4h structure remains bearish, the daily decline is intact, and resistance starts at 0.01967-0.02014.
The sharper warning: the three closest funded-rebound analogues lost 11.25%-27.75% over the following day.
🎯 A stronger reclaim above 0.01975 would challenge this read. A break below 0.01795 with genuine position building would reinforce it.
Which level gives way first: 0.01975 or 0.01795?
#Altcoins #TechnicalAnalysis #OpenInterest #Write2Earn
Not financial advice. DYOR.
⚡ The 4h close reached 0.01905 on a 2.14% bar.
🔍 Taker buying: 51.21%
📈 One-hour OI growth: 1.62%
But the completed 4h structure remains bearish, the daily decline is intact, and resistance starts at 0.01967-0.02014.
The sharper warning: the three closest funded-rebound analogues lost 11.25%-27.75% over the following day.
🎯 A stronger reclaim above 0.01975 would challenge this read. A break below 0.01795 with genuine position building would reinforce it.
Which level gives way first: 0.01975 or 0.01795?
#Altcoins #TechnicalAnalysis #OpenInterest #Write2Earn
Not financial advice. DYOR.