$BICO /USD]
Entry Zone:
- Buy Range: 0.0202 - 0.0210
Target Point(s):
- TP1: 0.0232
- TP2: 0.0255
- TP3: 0.0280
Stop Loss:
- SL: 0.0192
Why This Works:
I'm looking at BICO near a heavy demand pivot point where buyers historically defend the price. RSI indicators are approaching oversold levels on short timeframes, suggesting a relief rally is nearby. I'm entering here for an asymmetric risk-to-reward rebound trade.
