$BICO /USDT – Potential Reversal Zone Entry
BICO is currently holding near the lower intraday consolidation range around $0.0930. After bouncing from the $0.0880 low, price has stabilized and is showing signs of short-term accumulation, hinting at a possible upside reversal.
Entry Price (Spot): $0.0933
Target 1: $0.0958
Target 2: $0.0984
Target 3: $0.1020
Stop Loss: $0.0895
Risk Management:
Since this is a spot trade near a local support level, avoid over-leveraging. Use a tight stop to protect against further downside, and consider booking partial profits at Target 1 to lock in gains early.
Pro Tip for Followers:
A breakout above $0.0965 with strong volume would confirm buyer interest. Watch closely for any bullish engulfing pattern or volume surge on the 15-minute chart.
