Technical analysis by aliaezaaz about Symbol BICO: Buy recommendation (3/22/2025)

📌 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): 0.1644Second 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.