$BICO
BICOUSDT
Perp
0.04868
-6.74%
BULLISH TECHNICAL ANALYSIS
$BICO is showing early bullish momentum after bouncing from the support zone around 0.0531–0.0540. The price is consolidating near 0.0542, indicating accumulation and potential for a bullish breakout above 0.0555. If buyers maintain control, the next upward targets are well within reach.
MARKET STRUCTURE
• Immediate Support: 0.0540
• Key Support: 0.0531
• Bullish Trigger: Break above 0.0555
• Trend Outlook: Bullish while above 0.0531
TARGETS (TP):
• TP1: 0.0560
• TP2: 0.0570
• TP3: 0.0580
STOP LOSS (SL):
• SL: 0.0525
RISK MANAGEMENT:
Use proper position sizing, risking only 1–2% of total capital per trade and adjust stops if the market shows strong volatility.