BICOUSDT📌 Market Overview:
The price is in a downtrend but showing signs of potential reversal.
Currently trading near 0.1264, close to key support (0.1644).
The falling wedge/descending channel suggests a possible breakout.
RSI bullish divergence indicates weakening bearish pressure.
📈 Trade Plan: Long Position (BUY Setup)
🎯 Entry: At Current Market Price (CMP) ~0.1264
🎯 Take Profit Targets:
First Target (Resistance Level): 0.1644
Second Target: 0.22 - 0.25 (Next major resistance)
Final Target (Long-term Potential): 0.30 - 0.35
🔻 Stop-Loss:
Below 0.1152, as a break below this level invalidates the bullish setup.