The price is creating a descending channel on the daily timeframe and the price is testing the second daily resistance on 2.26$
On the 4h timeframe the price is creating an Adam and Even pattern and got a rejection from the supply zone on 2.26$

How to approach?
IF the price is going to have a breakout from the supply zone and retest as new support, 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 🦐