🟢 $BICO Short Liquidation Alert
💵 Price: $0.05091
📈 Support:
• $0.05020
• $0.04950
• $0.04850
🚧 Resistance:
• $0.05160
• $0.05250
• $0.05400
🎯 Next Target: A breakout above $0.05160 could push $BICO toward the $0.05250–$0.05400 range.
📊 Analysis:
A $1.3738K short liquidation indicates bearish positions were forced to close as buying pressure increased. Continued strength above key support could support further upside.
📌 Trading Plan:
Watch the $0.05160 resistance level. A confirmed breakout may signal bullish continuation, while a pullback toward $0.05020 support could provide a better entry.
⚠️ Risk: Medium
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