It is tough to trade an asset that recently made a new ATH. There are no hourly resistance and support levels, so you're going blind. The volatility comes on top of that.
There is no need to make a lower low. Minute 4 could be in, but at the same time, price action looks corrective. I just made a sketch to illustrate what I see, but this could break out directly from here as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.