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BLOCK_Aether

$BICO is holding a bearish structure after losing more than 18%, with sellers dominating the current price action. Around 0.02888, a weak bounce into resistance could offer another continuation setup.


Trade Setup


Entry: 0.02880–0.02930

Target 1: 0.02780

Target 2: 0.02650

Target 3: 0.02500

Stop Loss: 0.03040


How it's possible


Momentum remains negative and the structure favors lower highs. A rejection with increasing volume would confirm continued seller control. Losing the nearby support can expose the next liquidity levels below. If price closes beyond the stop loss, exit the trade.


Let's go and Trade now




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coin
BICO/USDT
0.0148
-0.67%

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