If you think $BICO is done dumping, you are about to lose everything in this fake recovery setup!
Retail traders are catching a falling knife right into a key rejection zone. This weak bounce is nothing more than a bull trap engineered to trap late buyers before the real breakdown occurs.
I am taking a short position on BICO:
• Entry Zone: 0.02270 - 0.02310
• Take Profit: 0.02120
• Stop Loss: 0.02380
Watch out, liquidations are incoming for anyone buying this fake push!
Retail traders are catching a falling knife right into a key rejection zone. This weak bounce is nothing more than a bull trap engineered to trap late buyers before the real breakdown occurs.
I am taking a short position on BICO:
• Entry Zone: 0.02270 - 0.02310
• Take Profit: 0.02120
• Stop Loss: 0.02380
Watch out, liquidations are incoming for anyone buying this fake push!
