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$BICO Signal】 Long + 1H momentum convergence, 4H hugging the band
$BICO RSI 81.88, 4H hugging the upper Bollinger Band at 0.0285, 1H MACD momentum histogram shrinking to 0.0001. Order book depth imbalance -7.37%, with slightly weak bid support. Funding rate 0.0098%, with no signs of a short squeeze. OI stable, with no major inflow of fresh capital.
🎯 Direction: Long
⚡ Entry/place orders: 0.0284045 - 0.0284900
🛑 Stop loss: 0.0270655
🚀 Target 1: 0.0306268
🚀 Target 2: 0.0316951
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop