The $BICO /USDT pair is currently trading at $0.2336, reflecting an 8.45% gain over the past 24 hours.
The recent high and low for this period are $0.2530 and $0.2103, respectively, suggesting a range-bound movement with some bullish pressure.
The price experienced a drop down to $0.2294 before rebounding, indicating this level as a potential support. Immediate resistance appears around $0.2347, and breaking through could allow the price to revisit higher levels close to $0.2461.
The RSI sits at 50.35, signaling a neutral stance with neither overbought nor oversold conditions.
Traders should keep an eye on the $0.2294 support zone for signs of stability and watch for a potential breakout above $0.2347 for continued upward momentum.
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