🌐 Biconomy (BICO/USDT) is on the Winners list with a +14.32%! 🚀
Hello, Binance Square community! The Infrastructure sector is heating up today thanks to BICO/USDT, which is positioning strongly among the day’s top winners, accumulating a solid volume of 29.61M USDT over the last 24 hours. Energy is still active! 🔥
🎯 Support zone: After a strong push that moved the asset far from its daily low of 0.02235, the current price is at 0.02706. Buyers are looking to stabilize the price during this short-term pullback in order to form a firm floor.
📈 Key resistance to break: The main target to resume the bullish structure is to reclaim the MA60 moving average, located at 0.02792. Breaking above this level would confirm the strength needed to seek again the last 24 hours’ high at 0.03196.
💡 Quick suggestion: Since it is temporarily trading below the MA60 on the short-term chart, it’s wise to wait for the price to show a reversal pattern or a notable increase in the buying volume bars (VOL) before taking positions. Remember that assets with big daily gains come with volatility, so stay calm, manage with a clear head, and always protect your funds with an appropriate Stop-Loss. Trade with strategy!
Do you think BICO will reclaim the MA60 zone in the next candles or will it continue consolidating at this level? 👇 I’m reading your comments!
$BICO
Click here to trade 👇
#BinanceSquare #PublicayGana #white2Earn
Hello, Binance Square community! The Infrastructure sector is heating up today thanks to BICO/USDT, which is positioning strongly among the day’s top winners, accumulating a solid volume of 29.61M USDT over the last 24 hours. Energy is still active! 🔥
🎯 Support zone: After a strong push that moved the asset far from its daily low of 0.02235, the current price is at 0.02706. Buyers are looking to stabilize the price during this short-term pullback in order to form a firm floor.
📈 Key resistance to break: The main target to resume the bullish structure is to reclaim the MA60 moving average, located at 0.02792. Breaking above this level would confirm the strength needed to seek again the last 24 hours’ high at 0.03196.
💡 Quick suggestion: Since it is temporarily trading below the MA60 on the short-term chart, it’s wise to wait for the price to show a reversal pattern or a notable increase in the buying volume bars (VOL) before taking positions. Remember that assets with big daily gains come with volatility, so stay calm, manage with a clear head, and always protect your funds with an appropriate Stop-Loss. Trade with strategy!
Do you think BICO will reclaim the MA60 zone in the next candles or will it continue consolidating at this level? 👇 I’m reading your comments!
$BICO
Click here to trade 👇
#BinanceSquare #PublicayGana #white2Earn
