🔥 BICO/USDT — SHORT SETUP
$BICO just made a fairly aggressive bearish displacement.
After failing to hold the upper area, price immediately broke down and is now around 0.0509.
But don’t rush to chase a short below. 👀
I prefer to wait for price to retrace to the area that has already been set.
📍 SELL LIMIT: 0.06000 – 0.06400
🛑 SL: 0.07150
🎯 TP1: 0.05000
🚀 TP2: 0.04200
🧠 The scenario is simple:
Displacement ↓ → Retracement ↑ → Rejection → Continuation ↓
The 0.0600–0.0640 area is the zone I’m waiting to look for bearish reaction.
If price returns to that zone and shows rejection, going short again becomes attractive.
While price is already at 0.0509, in my opinion the risk of chasing an entry now isn’t worth it compared to waiting for the retracement.
Don't chase the move.
Let the price come to your zone. 🎯
🔥 BICO is just waiting for one thing:
retrace to the sell zone or keep dumping without us?
If the limit hits → we’ll see the reaction.
If it doesn’t hit → let the market go. No FOMO.
Risk management stays #1.
#TradingSignals #TradeSignal #tradingtechnique #SniperSignals