🚨 $BICO SHORTS PAYING THE PRICE AS EMA21 FLIPS BACK TO SUPPORT! 🚨
Entry: $0.05070 - $0.05350 ⚡
Target: $0.05600 / $0.06200 / $0.07200 🚀
Stop Loss: $0.04780 ⚠️
$BICO reclaimed the 1H EMA21 after a brief dip, and the buy-side is stepping back in with conviction. 📊 Open interest jumped 14% on the move while funding remains heavily tilted against shorts — a classic recipe for forced covering. ⚡
Retail traders are sitting net short while top traders hold a balanced book, and the aggressive buy volume confirms this is an attack, not a drift. 📌 As long as EMA21 holds, the path toward the first target remains clean. Losing $0.04780 invalidates the entire structure.
💬 Are you positioning for the squeeze continuation or waiting for a secondary retest before adding exposure? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BICO #LongSetup #ShortSqueeze #Crypto
🎯 🦈
Entry: $0.05070 - $0.05350 ⚡
Target: $0.05600 / $0.06200 / $0.07200 🚀
Stop Loss: $0.04780 ⚠️
$BICO reclaimed the 1H EMA21 after a brief dip, and the buy-side is stepping back in with conviction. 📊 Open interest jumped 14% on the move while funding remains heavily tilted against shorts — a classic recipe for forced covering. ⚡
Retail traders are sitting net short while top traders hold a balanced book, and the aggressive buy volume confirms this is an attack, not a drift. 📌 As long as EMA21 holds, the path toward the first target remains clean. Losing $0.04780 invalidates the entire structure.
💬 Are you positioning for the squeeze continuation or waiting for a secondary retest before adding exposure? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BICO #LongSetup #ShortSqueeze #Crypto
🎯 🦈