$BICO Short 20x | Short live, invalidation locked.
BICO has stepped into the exact zone where the bearish case gets its legs. This is a position with a line in the sand, not a guess from mid-range.
Trade Plan:
- Entry: 0.01837 – 0.01846
- TP1: 0.01809 (R:R 1:0.8)
- TP2: 0.01788 (R:R 1:1.3)
- TP3: 0.01756 (R:R 1:2.0)
- SL: 0.01884
Why this setup?
- The downside thesis is anchored: 4h structure leans bearish while 1D stays heavy near 0.01837–0.01846.
- 15m RSI reads 42, leaving sellers room to drive lower while the zone holds firm.
- Volume backs the move—1.24x pace with 2.43M traded versus 1.95M expected—so the pressure is real.
My call. Your execution..
Trade here 👇 and Are you selling the zone on first touch, or waiting for a clean break below support to add?