🚨 $BICO Long Setup — Post-Spike Consolidation & Retest
BICO exploded to a 24-hour high of 0.03157 (+49% week-over-week) before pulling back into a tight demand zone. Price is currently consolidating near 0.02535 on the 4-hour chart, printing potential reversal wicks as high volume (139.75M) stabilizes the base. A sustained hold above the 0.02450 support level clears the path for a retest of upper supply.
📍 Long Entry: 0.02420 – 0.02540
🎯 TP1: 0.02850
🎯 TP2: 0.03150
🎯 TP3: 0.03500
🛑 Stop Loss: 0.02280
⚠️ Market Context & Risk: With macro tailwinds driving broader sentiment (BTC breaking past $80k), altcoin expansions carry strong follow-through potential. However, avoid buying top wicks—wait for retest entry confirmation inside the zone and strictly limit total risk to 1% of account capital.
Let the setup confirm — execute with discipline! 📈
👇 Click below to open the trade
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