$BICO are you going to drop?
đ¨ 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.
đ Resistance: 0.0285â0.0295
đ Support: 0.0238 â 0.0228 â 0.0218
Plan:
⢠Holding my current short.
⢠If price sweeps 0.0285â0.0300 and shows rejection (long upper wicks + strong selling volume), Iâll consider adding to the position.
⢠A clean breakout and hold above 0.0295 would weaken the bearish setup and could open the way to 0.031â0.032.
For now, Iâm waiting for liquidity to be taken before expecting a larger move down. đ
#crypto #Alts #BICO #short
đ¨ 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.
đ Resistance: 0.0285â0.0295
đ Support: 0.0238 â 0.0228 â 0.0218
Plan:
⢠Holding my current short.
⢠If price sweeps 0.0285â0.0300 and shows rejection (long upper wicks + strong selling volume), Iâll consider adding to the position.
⢠A clean breakout and hold above 0.0295 would weaken the bearish setup and could open the way to 0.031â0.032.
For now, Iâm waiting for liquidity to be taken before expecting a larger move down. đ
#crypto #Alts #BICO #short