$BICO /USDT - LONG
Trade Plan:
Entry: 0.03055 – 0.02172
SL: 0.02172
TP1: 0.03091
TP2: 0.03277
TP3: 0.04494
Why this setup?
• The daily chart shows a powerful bullish breakout (+38.11%) with huge volume expansion, trading well above dynamic moving averages MA7 (0.01930), MA25 (0.01493), and MA99 (0.02076).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.02172) establishes a strict risk invalidation boundary safely below the breakout base.
• Entering a long position in the 0.03055 to 0.02172 zone provides a high Risk:Reward structure, targeting a retest of the 24h High (0.03091), immediate chart resistance at 0.03277, and overhead structural resistance near 0.04494.
Debate:#TaiwanPlansCryptoTravelRuleFromOctober #SouthKoreaTaxPlanOmitsCryptoTaxDelay #SouthKoreaTaxPlanOmitsCryptoTaxDelay COMEXGoldClimbsTo$4308#ADPJulyPrivatePayrollsMissedExpectations #ADPJulyPrivatePayrollsMissedExpectations $BICO
Trade Plan:
Entry: 0.03055 – 0.02172
SL: 0.02172
TP1: 0.03091
TP2: 0.03277
TP3: 0.04494
Why this setup?
• The daily chart shows a powerful bullish breakout (+38.11%) with huge volume expansion, trading well above dynamic moving averages MA7 (0.01930), MA25 (0.01493), and MA99 (0.02076).
• Setting a protective Stop Loss (SL) right at the 24h Low support level (0.02172) establishes a strict risk invalidation boundary safely below the breakout base.
• Entering a long position in the 0.03055 to 0.02172 zone provides a high Risk:Reward structure, targeting a retest of the 24h High (0.03091), immediate chart resistance at 0.03277, and overhead structural resistance near 0.04494.
Debate:#TaiwanPlansCryptoTravelRuleFromOctober #SouthKoreaTaxPlanOmitsCryptoTaxDelay #SouthKoreaTaxPlanOmitsCryptoTaxDelay COMEXGoldClimbsTo$4308#ADPJulyPrivatePayrollsMissedExpectations #ADPJulyPrivatePayrollsMissedExpectations $BICO