$BICO popped 15% today to $0.0232 but still can't crack that $0.025 ceiling it rejected from earlier 🧱
Shorts are actually paying longs right now (funding negative) yet price keeps fading. Volume's light at half the 20-day average, RSI sitting at 39 on the 4h. Classic range chop with no conviction either way.
If $0.022 doesn't hold, next support zone is down around $0.020 where it bounced last time. Until we see real volume or a clean break above $0.025, this is just noise in a compression zone 📉
Watching that $0.022 level closely. A break there opens the door to another leg down.
$BICO #BICO #Web3 #Trading
Inspired by CryptoGuru12 on Binance Square.
Shorts are actually paying longs right now (funding negative) yet price keeps fading. Volume's light at half the 20-day average, RSI sitting at 39 on the 4h. Classic range chop with no conviction either way.
If $0.022 doesn't hold, next support zone is down around $0.020 where it bounced last time. Until we see real volume or a clean break above $0.025, this is just noise in a compression zone 📉
Watching that $0.022 level closely. A break there opens the door to another leg down.
$BICO #BICO #Web3 #Trading
Inspired by CryptoGuru12 on Binance Square.