$BICO Never touch this! A 24-hour plunge of 14.37%, dropping from 0.039 to 0.0256, with a trading volume of 112 million USD, all panic selling. Those who bought at the high are now directly trapped with a 34% loss, a sharper decline than the chain reaction explosion of LUNA.

Hard data speaks: the 0.0265 level didn't hold at all, with main players continuously offloading for three days, and the buy orders on the internal exchange are all sell one smashing into buy two. When it rebounds above 0.028, just run; don’t think about bottom fishing.
For conservative trading conditions: either wait for a phased build-up below 0.023, or wait until it stabilizes above 0.032 for a retest confirmation. Set stop-loss at 0.025, with a position no more than 5%. Don’t ask if it can rise back to 0.04; the question is, you still haven’t lost enough.
I am a conscientious Gate community trader, focused on preventing you from falling into traps. Follow me to lose less and earn more. $BICO