#DigitalCreditMarketsWorstDayDrop
$BICO is showing early stabilization after a downside liquidity sweep, followed by a recovery attempt from the demand zone. Price action suggests buyers are stepping in to absorb selling pressure and defend short-term structure.
EP
0.0410 - 0.0420
TP
TP1 0.0430
TP2 0.0448
TP3 0.0465
SL
0.0398
Liquidity was taken below recent lows before price entered a consolidation phase. Structure remains fragile, but early absorption indicates potential for a relief move if buyers continue defending the demand area.
A clean reclaim of local resistance would be needed to confirm continuation strength.
$BICO is showing early stabilization after a downside liquidity sweep, followed by a recovery attempt from the demand zone. Price action suggests buyers are stepping in to absorb selling pressure and defend short-term structure.
EP
0.0410 - 0.0420
TP
TP1 0.0430
TP2 0.0448
TP3 0.0465
SL
0.0398
Liquidity was taken below recent lows before price entered a consolidation phase. Structure remains fragile, but early absorption indicates potential for a relief move if buyers continue defending the demand area.
A clean reclaim of local resistance would be needed to confirm continuation strength.
UP 🟢
67%
DWON🔴
33%
6 votes • Voting closed