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$BICO — A bullish rise plan leading to 0,07493 USDT
On BICOUSDT’s daily chart, after a long-lasting decline, a base has formed in the 0,018–0,021 zone. The price is now reclaiming the 0,02616 level with rising volume and bullish displacement.
Indicators of the last daily candle:
• Open: 0,02611
• Low: 0,02469
• High: 0,02792
• Current price: 0,02735
• Change: +4,83%
• Volume: 106,97M
The main confirmation for the bullish scenario is a daily close above 0,028. After that, a possible retest of the 0,026–0,027 zone may occur—and if that area is maintained as support, upward repricing could continue.
📌 Levels I’m watching:
1️⃣ 0,030–0,035 — first resistance and short-term reaction zone
2️⃣ 0,040–0,045 — the next price expansion
3️⃣ 0,060–0,065 — buy-side liquidity above the prior highs
🎯 0,07493 — the main expansion target of the plan
Plan levels:
🟢 Main entry: 0,02616
🔴 Structural SL: 0,01504
🎯 TP1: 0,05000
🎯 Final target: 0,07493
⚖️ Potential R:R: roughly 1:4,39
Because the stop distance is about 42,5%, this is not a suitable plan for high leverage. Position sizing should be kept small, and risk on the account must not exceed 0,5%.
A pullback below 0,020 would weaken the bullish impulse. A daily close below 0,01504 would completely invalidate the scenario.
This is not a guaranteed price forecast, but a technical scenario based on conditions. Do you think
$BICO will first test the 0,035 area, or directly the 0,045 zone?
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