$BICO Bearish Rejection Setup
BICOUSDT
Διην.
0.02689
-4.13%
$BICO faced a sharp rejection after the strong impulse move and is now forming lower highs, signaling short-term distribution. As long as price stays below the rejection zone, downside continuation toward the lower support area remains likely.
Trade Setup (Short):
Entry: 0.0488 – 0.0493
Target: 0.0475 → 0.0465
Stop-Loss: 0.0500