$BICO RETESTS SUPPLY ZONE – SHORT BIAS REINFORCED 📉
Entry: 0.0187 - 0.0193 🔥
Target: 0.0179 / 0.0171 / 0.0162 🚀
Stop Loss: 0.0206 ⚠️
Price has climbed back into a prior resistance zone that has rejected bids twice since mid‑May. The recovery still looks corrective—lower highs on the 4H chart and declining volume on the bounce. Liquidity is building beneath the 0.0170 handle, a level that has been swept in the past.
With the broader trend still bearish, a failed retest here could trigger a fast move into those pooled stops. Are you shorting this level or waiting for confirmation below the range?
Not financial advice. Always manage your risk.
#BICO #ShortSetup #SupplyZone #Crypto #TechnicalAnalysis
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Entry: 0.0187 - 0.0193 🔥
Target: 0.0179 / 0.0171 / 0.0162 🚀
Stop Loss: 0.0206 ⚠️
Price has climbed back into a prior resistance zone that has rejected bids twice since mid‑May. The recovery still looks corrective—lower highs on the 4H chart and declining volume on the bounce. Liquidity is building beneath the 0.0170 handle, a level that has been swept in the past.
With the broader trend still bearish, a failed retest here could trigger a fast move into those pooled stops. Are you shorting this level or waiting for confirmation below the range?
Not financial advice. Always manage your risk.
#BICO #ShortSetup #SupplyZone #Crypto #TechnicalAnalysis
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