🚨 $BICO Short Liquidation Alert! 🚨

The bears are feeling the heat! A significant short position of $5.11K was liquidated at $0.31565, hinting at possible bullish momentum brewing for $BICO. Let’s dive into the action and map out the next moves:

What’s Next for $BICO ?

The liquidation suggests a potential price recovery as short sellers exit the market. Here’s how you can approach the trade:

Key Levels to Watch

Buy Zone: $0.308 - $0.316

(Look for dips near support to enter safely.)

Target Levels:

Target 1: $0.330 (Short-term resistance)

Target 2: $0.350 (Major resistance level)

Stop Loss: $0.303

(Set below key support to limit risk.)

Why This Matters

Liquidations like this often trigger volatility, providing an opportunity for traders to ride the trend. With short sellers getting squeezed, $BICO could see some upward momentum, but always trade cautiously and stick to your plan.

📊 Keep an eye on volume and overall market sentiment for confirmation! This could be the setup you’ve been waiting for.

Trade smart, stay disciplined, and happy trading!

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