$BICO is holding its recovery well on the 1M chart after a sharp bounce from the session low. Price continues to print higher lows while staying just below local resistance, showing buyers are still active. I'm watching this level closely because a breakout could bring another wave of momentum, while support remains clearly defined.
Trade Setup
Entry: $0.0381–0.0383
Stop Loss: $0.0375
Targets:
Target 1: $0.0389
Target 2: $0.0396
Target 3: $0.0405
Target 4: $0.0415
Why it's possible
The short-term trend remains bullish with steady buying pressure after each pullback. Price is consolidating near resistance instead of selling off, which often signals strength.
A move above the recent high could attract fresh liquidity and extend the rally. Keeping the stop below nearby support helps maintain a favorable risk-to-reward setup.
Let's go and trade now $BICO
Trade Setup
Entry: $0.0381–0.0383
Stop Loss: $0.0375
Targets:
Target 1: $0.0389
Target 2: $0.0396
Target 3: $0.0405
Target 4: $0.0415
Why it's possible
The short-term trend remains bullish with steady buying pressure after each pullback. Price is consolidating near resistance instead of selling off, which often signals strength.
A move above the recent high could attract fresh liquidity and extend the rally. Keeping the stop below nearby support helps maintain a favorable risk-to-reward setup.
Let's go and trade now $BICO