The price bounced from the monthly support on 0.26$ where the price created the demand zone.
The price got a rejection from the daily resistance at 0.41 and now the market is creating equal lows.
How to approach it? IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
––––– Follow the Shrimp 🦐
Note
The price is testing the support as I told you. We could see a bearish impulse if the market is going to lose it
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