💥 $BICO /USDT – Bulls Push Higher, Eyes on 0.1145 Resistance
Current Price: 0.1128 USDT
Technical View
$BICO has surged +8.67% in the last 24 hours, recovering from a low of 0.1031 and testing the 24h high at 0.1145. Price is above the short-term MA(7) at 0.1086 and mid-term MA(25) at 0.1064, while slightly above the long-term MA(99) at 0.1082, signaling strong bullish momentum. Immediate resistance sits at 0.1145, while support near 0.108 – 0.106 offers a solid risk buffer.
Trade Plan (Scalp / Swing Setup):
Entry Zone (Long Bias): 0.109 – 0.113
Targets:
TP1: 0.115
TP2: 0.118
TP3: 0.122
Stop Loss: Below 0.107
Alternative Short Bias: Rejection near 0.1145 with a drop below 0.109 could trigger a retracement toward 0.106 – 0.104.
Market Insight
Volume is picking up, confirming active participation from buyers. A decisive break above 0.1145 could open the path for higher levels, while repeated rejection may invite profit-taking. Both continuation and short-term pullbacks are possible, so manage risk carefully.
Bias: Neutral-Bullish above 0.109, Bearish below 0.107
