The price is testing the monthly level after a breakout from the daily support.
On the 4h timeframe the price lost the dynamic support inside the descending channel .

How to approach it?
The price could have a pullback until the previous daily support now 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 🦐