💎Recently, #BICOUSDT demonstrated a clean bounce off the support downtrend trendline, suggesting that the potential for upside movement is wide open, paving the way for further gains in the days to come. As long as the price remains above the critical $0.225 support level, we are likely to witness either an accumulation phase or a swift continuation of the upward pullback. This positive development should propel the price towards one of the robust supply zones established over the past year.
💎The nearest resistance lies around $0.33, aligning with the 38.2% Fibonacci retracement level, implying a minimum 20% increase for BICO. However, should the bulls successfully breach this resistance, the next target would be the 78.6% Fibonacci level, opening up a substantial 75% growth potential.
Stay attuned, Paradisers, as we monitor the unfolding #BICO price action and identify strategic opportunities amidst the market dynamics. 🌴
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