RAJAWALIFX77

The BICO/USDT 1-hour chart shows a very strong impulsive bullish trend after rebounding from the low of 0.01794.
Main Market Conditions
Current Price: 0.02516 (+30.70%), very close to the local high at 0.02534.
EMA Indicators: EMA20 (0.02160) has surged sharply upward, crossing above EMA50 (0.02032) and EMA200 (0.02049).
This confirms the occurrence of a golden cross and a shift in trend structure from consolidation to a sharp uptrend.
Momentum: Large green candles (bullish marubozu) indicate that buying pressure dominates the market, although the price is already quite far from the EMA20 line (overextended).
Trading Scenarios & Strategy
Resistance Area: The nearest target is in the 0.02534 - 0.02608 range. A breakout above this level would open the possibility of a continued rally.
Support/Retracement Area: Watch for a healthy correction (pullback) toward the EMA20 area at 0.02164 - 0.02386.
Suggestion: Avoid FOMO buying at the candle's peak. Wait for the formation of a consolidation pattern or a minor correction to the support area before taking a long position.
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$BICO ‌

Is there a chance to break even before a forced liquidation? 🥲🥲
🇭🇰 Hong Kong: 26-year-old trader misappropriates $50 million, makes a two-times leveraged long bet on Hailisi, but suffers a loss of $150 million
Another massive case of funds misappropriation and leveraged stock trading that led to huge losses was reported again in Hong Kong’s Central Financial District.
Local Hong Kong media previously reported that on July 20, a female director of a securities company at No. 19 Des Voeux Road Central in the Central financial area filed a police report, saying that a 26-year-old male staff member under her firm had, without authorization, taken company funds to trade stocks, resulting in an on-paper loss of up to HK$150 million. The suspect was arrested the same day by police on suspicion of “theft.”
The suspect is a 26-year-old trader at Chief Wealth Investment Limited. The incident took place this year between January 9 and July 20.
The trader misappropriated HK$50 million as margin without permission, obtained financing through relevant institutions, and bought leveraged derivatives listed on the Hong Kong Exchanges and Clearing—Southern Eastern Ying 2x Bullish Hailisi ETF (code:
Police disclosures indicate that the above stock position has not yet been forcibly liquidated for sale. This means the final loss of the position will still fluctuate with the stock price.