the price is testing the support on 13$ on the daily timeframe inside a descending channel .
In the 4h timeframe, the price had a breakout from the bear flag .
At the moment the price is testing important support.

How to approach?
If the price is going to have a breakout and retest the previous support as new resistance, According to Plancton’s strategy, we can set a nice order
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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐