๐ป $BICO SLAMMING INTO HEAVY RESISTANCE FOR A POTENTIAL BEARISH REJECTION! ๐
Entry: 0.01994 โก
Target: 0.01800 ๐ฏ
Stop Loss: 0.02013 โ ๏ธ
Price has marched straight into the key 0.02000 resistance wall after a steady climb, but buying momentum is rapidly fading at the top. ๐ Heavy supply overhead is setting up a textbook rejection scenario as sellers begin stepping in.
A clean turn off this level opens the door for a quick downside push back toward the 0.01800 support zone. ๐ Tight invalidation just above local resistance keeps the risk sharply controlled while targeting the lower range liquidity.
๐ฌ Are you taking the short side on this supply retest or waiting for extra confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BICO #ShortSetup #Altcoins #Trading #Crypto
๐ฏ ๐
Entry: 0.01994 โก
Target: 0.01800 ๐ฏ
Stop Loss: 0.02013 โ ๏ธ
Price has marched straight into the key 0.02000 resistance wall after a steady climb, but buying momentum is rapidly fading at the top. ๐ Heavy supply overhead is setting up a textbook rejection scenario as sellers begin stepping in.
A clean turn off this level opens the door for a quick downside push back toward the 0.01800 support zone. ๐ Tight invalidation just above local resistance keeps the risk sharply controlled while targeting the lower range liquidity.
๐ฌ Are you taking the short side on this supply retest or waiting for extra confirmation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #BICO #ShortSetup #Altcoins #Trading #Crypto
๐ฏ ๐
