A lot of people are asking why I'm looking at $BICO here.


Simple.
The rally was strong, but the move started getting a little too crowded near the highs. After pushing above 60% from the accumulation zone, buyers finally ran into heavy selling and price got rejected hard.
When a coin moves that fast, I don't like chasing it.
I'd rather wait for the market to cool off and let the late buyers get shaken out first.
That's why I'm watching for a short-term pullback before thinking about a bigger long position.
📍 Short: 0.034 - 0.038
🛑 0.042
🎯 0.0300
🎯 0.0275
🎯 0.0235
🎯 0.0205
The funny thing is I'm actually bullish on $BICO longer term.
I just think the next good buying opportunity may come after a healthy correction, not after a vertical pump.
Sometimes the best way to buy a coin is to wait for everyone else to stop talking about it.
Sharing via @coinexcreators
#BICO #CoinEx
BICO1.92%
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