$BICO is finally showing signs of life after a long period of weakness and downside pressure.
After dropping heavily and spending weeks trading near the lows, buyers have stepped back in with strong volume. Price bounced sharply from the $0.0185 area and has now rallied more than 65%, reaching a new local high near $0.0313.
This is the strongest bullish move $BICO has shown in a long time. The breakout above previous resistance levels confirms that momentum has shifted back in favor of the bulls.
Volume remains strong, which is supporting the rally and attracting fresh buyers. As long as price continues to hold above the $0.0260–$0.0280 zone, the bullish structure remains intact.
Many traders had written off BICO after months of downside action, but this move proves that strong recoveries can happen when momentum and volume return together.
Strong bounce from the lows. Strong breakout above resistance. Strong comeback after a long decline.
For now, bulls are back in control, and BICO looks much stronger than it did just a few days ago. Hold support, and this recovery could have more room to continue.
Click below to Take Trade
