Guys, $BICO is showing a SHORT setup.
Price has made a strong impulsive rally and is now approaching a key resistance area. A rejection from current levels could trigger a healthy pullback.
Trade Setup: SHORT
Entry Zone: 0.0172 – 0.0176
Stop Loss: 0.0189
Targets:
TP1: 0.0162
TP2: 0.0148
TP3: 0.0120
As long as price stays below 0.0189, the bearish pullback scenario remains valid. Watch for rejection candles and weakening momentum before adding to the position.
Keep an eye on Binance: $BTC
& $ETH
Price has made a strong impulsive rally and is now approaching a key resistance area. A rejection from current levels could trigger a healthy pullback.
Trade Setup: SHORT
Entry Zone: 0.0172 – 0.0176
Stop Loss: 0.0189
Targets:
TP1: 0.0162
TP2: 0.0148
TP3: 0.0120
As long as price stays below 0.0189, the bearish pullback scenario remains valid. Watch for rejection candles and weakening momentum before adding to the position.
Keep an eye on Binance: $BTC
& $ETH