If the support breaks down 5700 here we come, you can manage the risk even tighter on the lower timeframes if you wish Im just giving a general exmaple.
When looking at the daily we see 3 dojis all of the same size, this happens very rarely on the daily and weekly, the last time we had this pattern was at 10.4k (tip of the last bull leg) Other times I saw this on the daily for Matic (had huge dump) and also on ETH, at around 310, (ended up dumping to 110 shortly after. Now when we go onto the lower...
Failure for the strong support at 6100 to turn resistiance was surprising, this tells me a move higher is coming, to the CME gap if not to the next support, if 6.8 can turn to support then 7.6 is on the cards next.
As stated in my last post, down we go to 5700