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【$BICO Signal】Long: 4H trend continues, 1H pullback supports
0.05252 clustered orders show support, 4H Bollinger middle band at 0.0369 far below current price, trend is upward with a complete structure. 1H MACD negative bars are shrinking, signs of weakening bearish momentum. Depth ratio at 0.75, although sell orders are thick, buy orders are accumulating within the quote range. Stop loss is only 1%, risk-reward ratio 1.5, small stop loss to gamble on a rebound is reasonable.
🎯 Direction: Long
⚡ Entry/Order: 0.0525220 - 0.0526800
🛑 Stop loss: 0.0521532
🚀 Target 1: 0.0534702
🚀 Target 2: 0.0538653
🛡️ Trading management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
4H OI remains stable, funding rate at 0.01% is normal, no short squeeze pressure. Short-term buy orders repeatedly support around 0.0525, 1H RSI at 52.96 is neutral to slightly low, rebound space still exists. Focused sniper zone, exit if stop loss is hit, no emotional battle.
Check real-time market 👇 $BICO
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