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$BICO (1h) - Short Breakdown
Bias: Short
Entry (Zone): 0.0348 - 0.0356
Targets:
TP1: 0.0330
TP2: 0.0318
TP3: 0.0300
Stop Loss: 0.0368
Why this Setup:
I see an extended push into resistance followed by a sharp rejection, so I want to short a weak bounce back into the breakdown area. I’m looking for continuation lower if price fails to reclaim the recent spike high.