Massive Liquidation Alert on $BICO

Short Squeeze Incoming.

A whopping $2,490.3 worth of short positions have just been liquidated at $0.3323 on $BICO. The bears got caught off guard, signaling strong bullish pressure at this level.

What Does It Mean.

Liquidation occurs when traders using leverage fail to maintain their positions. This event often indicates:

High Volatility: We might see a surge in price as shorts are forced to cover.

Bullish Momentum: Buyers could be stepping in, targeting resistance levels.

Technical Overview.

Current Price Zone: $0.34053

Key Resistance: $0.3500 – A breakout here might trigger a rally.

Support Levels: $0.3300 and $0.3200 for potential pullbacks.

Bullish Targets: $0.3600 and $0.3700 in case of a breakout.

Caution for Traders

For those trading $BICO

Watch for Retests: Prices might revisit the support zone before another move up.

Keep an Eye on Volumes: Rising volumes confirm strong trends.

Set Tight Stop-Losses: Markets could still reverse quickly.

The action is heating up on$BICO . Are you ready for the next move.

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