Watching $BICO for a potential reversal
As $BICO has pulled back significantly and is now showing signs of bearish momentum, a short position could be favorable as long as it remains below the recent highs, targeting support levels
SMA7 is above SMA25, recent close is below SMA7, and the last candle is bearish
A close above 0.045 would invalidate this short setup
Are you seeing $BICO as a short opportunity at these levels?
As $BICO has pulled back significantly and is now showing signs of bearish momentum, a short position could be favorable as long as it remains below the recent highs, targeting support levels
SMA7 is above SMA25, recent close is below SMA7, and the last candle is bearish
A close above 0.045 would invalidate this short setup
Are you seeing $BICO as a short opportunity at these levels?