/ Bullish momentum heading towards the next resistance
The price rose $BICO
sharply from the support level of $0.1066, breaking through daily resistance levels, and is now stabilizing near $0.1180. The continuous trading volume and strong bullish structure indicate the potential for another upward wave if it surpasses the resistance level of $0.1200.
Trading Settings (Buy)
Entry Zone: $0.1170 - $0.1185
Take Profit 1: $0.1209
Take Profit 2: $0.1240
Take Profit 3: $0.1280
Stop Loss: $0.1145
Market Outlook:
Momentum remains bullish with higher lows still intact. A breakout above $0.1209 may trigger accelerated buying towards higher resistance levels. Short-term pullbacks may provide new entry opportunities.