$BICO Trade Setup | Infrastructure Play
Price is waking up after a clean bounce from local support. Iâm watching
$BICO as it builds momentum from the lower zone. Theyâre an infrastructure project, and when these move, they move fast. Structure looks like a short-term reversal with room to breathe.
Current Price: 0.0448
Trade Setup: Short-term swing / momentum trade
Trend shows recovery from demand zone with bullish follow-through.
Entry Zone:
đ 0.0440 â 0.0448
This zone offers a balanced risk-to-reward while price holds above recent support.
Targets:
đŻ TP1: 0.0465 â first resistance
đŻ TP2: 0.0485 â range high retest
đŻ TP3: 0.0510 â breakout continuation zone
Stop Loss:
â 0.0420 (below demand & recent low)
Risk is defined, upside is layered. If volume supports the move, continuation is very possible. Iâm treating this as a disciplined trade, not a chase. Manage size, respect the stop, and let the setup play out.
@Biconomy #BICO