2026-01-18 23:27:42

BICO is signaling a potential breakout setup. The token has been consolidating within a descending falling wedge pattern, and analysts are watching for a confirmed breach above this resistance zone. If the breakout materializes, the upside target is estimated around 80% or more from the breakout point. This type of formation often precedes significant bullish moves when support holds and momentum builds. Traders should monitor volume and candlestick confirmations closely to validate the breakout scenario.

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MEVSandwichMaker

· 01-21 18:34

Wait, can a falling wedge really increase by 80%? Who said that?

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ChainDoctor

· 01-19 23:55

Can a descending wedge breakout lead to an 80% increase? Sounds great, but I've seen this chart pattern too many times, and it usually turns out to be a false alarm.

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BearMarketBuyer

· 01-18 23:45

Is the wedge breakout happening again? This time, it really won't be a false breakout, right?

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Anon32942

· 01-18 23:43

Wait, can this falling wedge really break out? The trend still looks pretty weak to me. --- 80% increase? You're making up stories again. Don't follow the trend until the volume picks up. --- Monitoring the candlestick to confirm this explanation is getting boring. The key is whether the big players will push. --- I want to see a breakout if it happens, but these past few days feel a bit uncertain. --- If the support doesn't hold, this breakout will become a joke. Better to stay on the sidelines. --- It's been consolidating for so long; it's time to move, but don't get crushed again.

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