A strong rally doesn't always mean a good entry. Timing matters more than emotion.
$BICO /USDT — NO TRADE
Trade Plan
Entry: Wait for a pullback into 0.0410–0.0425 with bullish confirmation, or a breakout and close above 0.0545 followed by a successful retest.
SL: Below the confirmed support after entry.
TP1: 0.0545
TP2: 0.0585
TP3: 0.0630
Why this setup?
$BICO has already surged nearly 47%, making it an extended move rather than a fresh breakout opportunity. The trend remains bullish with price trading above the 25 and 99 moving averages, but the latest candle shows rejection from the 0.0545 resistance after a strong impulse.
Buying here would mean chasing momentum into resistance, while shorting goes against the prevailing trend. BICO is best left alone until it either retests support or confirms a breakout with sustained strength.
Wait for confirmation. The market rewards patience. $BICO
#SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks #GoldBreaksOutFromJanuaryDowntrend #USSenateNoClarityActVoteBeforeAugustBreak
$BICO /USDT — NO TRADE
Trade Plan
Entry: Wait for a pullback into 0.0410–0.0425 with bullish confirmation, or a breakout and close above 0.0545 followed by a successful retest.
SL: Below the confirmed support after entry.
TP1: 0.0545
TP2: 0.0585
TP3: 0.0630
Why this setup?
$BICO has already surged nearly 47%, making it an extended move rather than a fresh breakout opportunity. The trend remains bullish with price trading above the 25 and 99 moving averages, but the latest candle shows rejection from the 0.0545 resistance after a strong impulse.
Buying here would mean chasing momentum into resistance, while shorting goes against the prevailing trend. BICO is best left alone until it either retests support or confirms a breakout with sustained strength.
Wait for confirmation. The market rewards patience. $BICO
#SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks #GoldBreaksOutFromJanuaryDowntrend #USSenateNoClarityActVoteBeforeAugustBreak
