$BICO USDT Perp based
Market Insight:
$BICO has surged +8.4% in 24h, breaking above the $0.1110–$0.1120 resistance zone and holding gains near $0.1160. The strong buying volume (50M+ BICO traded) and MA crossover momentum suggest bullish sentiment, but price is approaching a near-term supply zone around $0.1170–$0.1185, which could trigger a small pullback before continuation.
Entry Zone:
Aggressive: $0.1145 – $0.1155 (buy on minor dips)
Conservative: $0.1120 – $0.1135 (wait for deeper retrace)
Targets:
$0.1185
$0.1210
$0.1245
Stop Loss:
Below $0.1095 (key short-term support)
Key Levels:
Support: $0.1120, $0.1095, $0.1070
Resistance: $0.1185, $0.1210, $0.1245
Pivot Point: $0.1144
Pro Tip:
Volume spikes near resistance often hint at either a breakout or exhaustion. Watch for strong closes above $0.1185 to ride momentum; if volume fades, partial profit-taking is safer.
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