$BICO is catching my attention after $5.0699K in short liquidations at $0.05556. That means leveraged shorts were forced to close as price moved against them, and this can sometimes fuel another push higher.

I’m not blindly chasing the liquidation spike. I have $0.05556 marked as the important level. If buyers continue defending this area, they are in a good position to test the higher resistance zones.

🎯 Entry: $0.0552 – $0.0560

TP1: $0.0575

TP2: $0.0595

TP3: $0.0620

🛑 SL: $0.0535

This is a momentum setup. If $BICO breaks $0.0575 with proper volume, I would watch $0.0595 next. A stronger breakout could open the path toward $0.0620.

Why you need to manage risk: liquidation-driven moves can reverse quickly once forced positions disappear. So I would rather enter around the key zone than chase the candle after a major pump.

If you want to follow this setup, watch whether $BICO can hold $0.05556. A clean breakdown below $0.0535 invalidates my bullish idea.

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