$BICO — BEARISH REVERSAL LOADING 🚨
$BICO is showing strong rejection from the upper resistance zone after a sharp spike, signaling that sellers are stepping back in control. Momentum is shifting downward, and if the price breaks the immediate support, a deeper drop is on the cards.
Trade Setup:
Entry Zone: 0.1078 – 0.1100
Take Profit 1: 0.1045
Take Profit 2: 0.1032
Stop Loss: 0.1110
Market Outlook:
Downtrend pressure is building as the price fails to hold above resistance. If sellers maintain control, expect a clean breakdown toward lower demand zones. Bears are in position — manage your risk and watch for decisive follow-through.