THE RE-ACCUMULATION TRAP IS SET 🤑
The market is trying to shake out the weak hands, but the volume doesn't lie.
We are sitting at a critical decision zone. The chart shows a massive rejection from the lows, and we are currently coiling just below the psychological midline. This is the calm before the storm.
My Trade Signal & Plan:
The current price ($0.01537) offers a fantastic Risk/Reward setup.
· Entry (The Dip Zone): Look to enter the long on a retest of $0.01490 - $0.01500.
· Secondary Entry (The Confirmation): If momentum picks up, enter on a clean break and retest of $0.01540 with high volume.
· Immediate Take Profit 1: $0.01580 (First resistance).
· Take Profit 2 (The Moon Shot): $0.01650 - $0.01676 (Reclaim the 24H High).
· Stop Loss (The Invalidation): Tight stop at $0.01440 (Below the recent swing low).
$BICO
The market is trying to shake out the weak hands, but the volume doesn't lie.
We are sitting at a critical decision zone. The chart shows a massive rejection from the lows, and we are currently coiling just below the psychological midline. This is the calm before the storm.
My Trade Signal & Plan:
The current price ($0.01537) offers a fantastic Risk/Reward setup.
· Entry (The Dip Zone): Look to enter the long on a retest of $0.01490 - $0.01500.
· Secondary Entry (The Confirmation): If momentum picks up, enter on a clean break and retest of $0.01540 with high volume.
· Immediate Take Profit 1: $0.01580 (First resistance).
· Take Profit 2 (The Moon Shot): $0.01650 - $0.01676 (Reclaim the 24H High).
· Stop Loss (The Invalidation): Tight stop at $0.01440 (Below the recent swing low).
$BICO