$BICO Rejected at Resistance – High Probability Short Setup
Trade Setup: Short
Entry Zone: 0.0388 – 0.0395
Stop Loss: 0.0425
Targets:
TP1: 0.0360
TP2: 0.0335
TP3: 0.0305
$BICO is struggling to break above the key resistance zone after a strong rally, with selling pressure increasing around the current level. As long as price remains below resistance, the bearish bias stays intact and a move toward lower support levels remains the higher-probability scenario.
Trade Here On $BICO 👇.
Trade Setup: Short
Entry Zone: 0.0388 – 0.0395
Stop Loss: 0.0425
Targets:
TP1: 0.0360
TP2: 0.0335
TP3: 0.0305
$BICO is struggling to break above the key resistance zone after a strong rally, with selling pressure increasing around the current level. As long as price remains below resistance, the bearish bias stays intact and a move toward lower support levels remains the higher-probability scenario.
Trade Here On $BICO 👇.