$BICO RSI overbought — distribution pattern forming at highs
🎯 SETUP | 📉 SHORT
💰 Price: $0.03498
📊 24H Range: $0.01867 – $0.03566
📦 Volume: $90.26M
📐 Technicals:
RSI(14): 87.1 — Overbought 🔴
EMA20: $0.02463 | EMA50: $0.02209 ⚠️ Above EMA50
📉 Entry: $0.03488 – $0.03508
🛑 Stop: $0.03584
🎯 TP1: $0.02326 | TP2: $0.01985 | TP3: $0.01975
Buyers have had multiple attempts to push higher and failed.
Not financial advice. Always use a stop loss and size accordingly.
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