⚡ $BICO /USDT Jumps +14.5% as Bulls Push Toward Key Resistance
$BICO has rallied from a low of 0.1044 to a high of 0.1363, now trading at 0.1200. Price is sitting around the 7-MA (0.1204), above the 25-MA (0.1177) and 99-MA (0.1094), showing momentum is still in favor of buyers.
Bullish View:
The breakout above 0.1150 turned momentum positive. Holding above 0.1200 keeps bulls in control. If price breaks 0.1250, targets open at 0.1300 → 0.1360. A push above 0.1363 (recent high) could fuel a run to 0.1450 – 0.1500.
Bearish / Pullback Risk:
After a +14% jump, short-term selling pressure is possible. If price loses 0.1180, a pullback toward 0.1150 → 0.1100 (MA99 support) may occur before another leg up.
Long Trade Setup (preferred bias):
Entry: 0.1190 – 0.1210
Target 1: 0.1250
Target 2: 0.1300 → 0.1360
Stop Loss: 0.1140
Short Trade Setup (only if rejection at 0.1300 – 0.1360):
Entry: 0.1290 – 0.1350
Target: 0.1200 → 0.1150
Stop Loss: 0.1380
Bias: Bullish while above 0.1180, but expect volatility as price approaches 0.1300 – 0.1360 resistance zone.
