📉I’m watching $BICO for a possible short after the sharp rejection from recent highs. Selling pressure is increasing, and as long as price stays below $0.0240, the bearish setup remains in focus.
Trade Plan:
Entry Zone: $0.0236 – $0.0240
Target 1: $0.0230
Target 2: $0.0225
Target 3: $0.0220
Stop Loss: $0.0246
Why this setup works: $0.0240 is the key resistance level. Failure to reclaim it keeps sellers in control and could lead to another move lower. I’m watching the reaction around $0.0240 for confirmation rather than chasing the breakdown.
#KoreaSingleStockLeveragedETFTradingFalls #VietnamPilotsCryptoAssetMarket #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #TrumpReachesVenezuelaOilDealOn17Fields
Trade Plan:
Entry Zone: $0.0236 – $0.0240
Target 1: $0.0230
Target 2: $0.0225
Target 3: $0.0220
Stop Loss: $0.0246
Why this setup works: $0.0240 is the key resistance level. Failure to reclaim it keeps sellers in control and could lead to another move lower. I’m watching the reaction around $0.0240 for confirmation rather than chasing the breakdown.
#KoreaSingleStockLeveragedETFTradingFalls #VietnamPilotsCryptoAssetMarket #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #TrumpReachesVenezuelaOilDealOn17Fields
