$BICO is testing immediate overhead supply right below the $0.041 - $0.042 resistance area, currently consolidating between this resistance zone and the $0.035 - $0.037 support range.
• Bullish Trigger: A decisive breakout and close above the $0.041 - $0.042 resistance zone opens the path toward the Short liquidation cluster stacked between $0.045 and $0.048, extending up toward the $0.050 - $0.054 peak area.
• Bearish Threat: Rejection at the $0.041 resistance followed by a loss of the $0.035 - $0.037 support base risks a retracement targeting the dense $0.031 - $0.033 Long liquidation pool resting below.
Click to Trade👇$BICO
• Bullish Trigger: A decisive breakout and close above the $0.041 - $0.042 resistance zone opens the path toward the Short liquidation cluster stacked between $0.045 and $0.048, extending up toward the $0.050 - $0.054 peak area.
• Bearish Threat: Rejection at the $0.041 resistance followed by a loss of the $0.035 - $0.037 support base risks a retracement targeting the dense $0.031 - $0.033 Long liquidation pool resting below.
Click to Trade👇$BICO