$BICO has seen a price decrease of -4.677% in the last 24 hours.
Currently, it is trading very close to the lower Bollinger Band at 0.091, indicating potential oversold conditions.
The upper Bollinger Band at 0.1058 suggests resistance near recent highs.
Support is firmly at 0.091; a close below this level could lead to further declines.
Volatility has contracted slightly, which may imply a period of consolidation ahead.
Consider placing a stop-loss just below the support level.
Recommended action: wait for confirmation of a reversal or a break above resistance before entering a position.
