alright let's see what's cooking on
$BICO #BICOUSDT.P 15m ๐ง
- my bias is bullish here on the 15m, aligned with daily structure and BTC, but it is a counter-trend bounce versus the still-bearish weekly, so I want cleaner confirmation before adding size
- I expect a push toward 0.02002 first, then 0.02010 and 0.02038 if that last swing high at 0.01991 gets taken with follow-through
- entry zone is a pullback into 0.01970โ0.01958 (the last higher-low liquidity edge / nearby demand), not a chase at 0.01981
- wait BEFORE entering for a sweep of 0.01965 that holds, then a 15m bullish engulfing or a lower-timeframe shift back up; quiet 0.38x volume means I do not trust a naked breakout
- take-profits in order: 0.02002, then 0.02010, then 0.02038
- place protection beyond the structure flip / last higher low โ a 15m close below 0.01965 flips my bias to bearish
- open interest ticking up and slightly buyer-led flow fit the long side, but weekly overhead still demands that confirmation
not investment advice, educational report only
๐ Flow: OI $3.9M (+6.3% 24h) ยท funding +0.0100% ยท taker 1.05ร
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