$BICO / USDT – Long Trade Setup 🚀
Current Price: $0.1228 (+11.43%)
Market Bias: Bullish 🔼
After a period of sideways movement, the price is now approaching a breakout zone.
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Technical Structure Overview 📊
• Price moved in a steady uptrend from $0.1095 to $0.1253.
• RSI is at 56, showing healthy momentum and turning upwards after cooling off.
• MACD is positive (0.0001) and has formed a bullish crossover—indicating upside momentum.
• Volume is strong – recent candle shows 550K, confirming interest.
• On the 15-minute chart, the price is forming a high-base consolidation, a bullish pattern before a breakout.
📈 Momentum began at $0.1167 when the price broke above with a spike in volume.
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Entry Strategy 🎯
• Ideal Entry Zone: $0.1230 to $0.1245
• Confirmation Entry: Wait for a 15-minute candle to close above $0.1255 with volume over 800K
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Target Levels (Take Profit) 🎯
• TP1: $0.1305
• TP2: $0.1370
• TP3: $0.1450
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Risk Management 🛡️
• Stop Loss (SL): $0.1190
(This is the previous breakout base and a key support level.)
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Time Frame ⏱️
• After confirmation, targets could be hit within 6–10 hours, depending on market momentum.
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Pro Tip 💡
• The price is forming a strong base near the high, which often leads to explosive moves.
• Only enter after a confirmed breakout with high volume—avoid fakeouts.
• After hitting TP1, start trailing your stop loss to lock in profits.
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Summary 📌
• $BICO is at a key breakout level.
• If the price closes above $0.1255 with high volume, it may trigger a strong rally.
• Watch the chart closely and enter as soon as confirmation hits.
• Momentum and volume are both strong—a fast upward move is possible.