The price got a bounce on the 1.272 Fibonacci ext on the daily timeframe and the price created a double bottom on this level on the daily support (0.117$)

On the 4 timeframe the price got a rejection from the weekly resistance around 0.13$

How to approach?
The price needs to grab liquidity and flip the 4h resistance on 1.125$ with volume and momentum, 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 🦐