šŸ’”When the market is in a sudden move, here’s a three-step methodā€”ā€œopen-high-fall backā€ā€”to gauge short-term strength: these two days the market is more focused on shifts in sentiment. BICO is at $0.0231, up 4.77% in 24h, and ONG is at $0.0571, up 12.64% in 24h—perfect for practice.
1. Where to look: Open the Binance app’s spot page, search for BICOUSDT and ONGUSDT, and first check the changes in the 24-hour open, high, low, and current price.
2. How to judge: BICO surged from its open at $0.022 to a peak of $0.0266, then fell back to $0.0231—this suggests there was a push up, but chasing funds start to diverge. ONG rallied from its open at $0.0507 to a peak of $0.0646, and its current price is $0.0571—today’s upside volatility is stronger, but so is the swing.
3. How to use it: When you encounter this kind of volume-spiking breakout, first watch whether price holds the key intraday pullback zone. If it’s still finding support near the lows—around $0.0219 for BICO or $0.0485 for ONG—then you can keep an eye on whether the strength continues. If it keeps dropping after topping out, rein yourself in and don’t chase.
$BICO $ONG