🔻 $BICO — SHORT SETUP | Sharp Rejection & Downside Continuation
BICO (Biconomy) has suffered a severe drop after hitting a high of 0.09100, dropping over -43% on the 4H timeframe. Price action is breaking down through key support levels with heavy selling volume, pointing toward further downside retests.
📍 Short Entry: 0.03850 – 0.04100
🎯 TP1: 0.03550
🎯 TP2: 0.03350
🎯 TP3: 0.03150
🛑 Stop Loss: 0.04350
⚠️ Confirmation: Ensure lower timeframe retests stay capped below 0.04100 to maintain the short bias. Exit or avoid shorting if price reclaims and closes above the 0.04350 resistance level.
Risk management: Maintain tight risk parameters, execute fast profit booking near targets, and control your leverage strictly. Trade the setup, not the emotion.
👇 Click below to open the trade
$BMT
$AKE
BICO (Biconomy) has suffered a severe drop after hitting a high of 0.09100, dropping over -43% on the 4H timeframe. Price action is breaking down through key support levels with heavy selling volume, pointing toward further downside retests.
📍 Short Entry: 0.03850 – 0.04100
🎯 TP1: 0.03550
🎯 TP2: 0.03350
🎯 TP3: 0.03150
🛑 Stop Loss: 0.04350
⚠️ Confirmation: Ensure lower timeframe retests stay capped below 0.04100 to maintain the short bias. Exit or avoid shorting if price reclaims and closes above the 0.04350 resistance level.
Risk management: Maintain tight risk parameters, execute fast profit booking near targets, and control your leverage strictly. Trade the setup, not the emotion.
👇 Click below to open the trade
$BMT
$AKE