$BICO /USDT Trade Analysis
• Trend: The chart shows a rising channel pattern, but a recent break below the channel signals bearish pressure.
• Short Entry: Enter near 0.2200-0.2208 with a target at 0.2160. Place a stop-loss at 0.2230 to manage risk.
• Long Entry: If price reclaims the lower trendline around 0.2225, target 0.2266 with a stop-loss at 0.2190.
• 24h Range: High at 0.2266, Low at 0.2096; expect volatility.
• Sentiment: With a 4.84% daily gain, momentum could flip bullish if support holds above 0.2208.
Keep a close eye for a retest of the broken trendline for confirmation.
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