1INCHUSDT wants to retest the Monthly support?

The price got rejections from the daily resistance on 1.5$ and now is testing the 4h support on 1.41 support after the first bounce.
As you can see on the upper chart the price has nice support on 1.41$

How to approach?
The market is creating a descending channel on the 4h timeframe. IF the price is going to lose the support, we could see a new bearish impulse until the demand zone on the monthly support. According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.

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

–––––
Follow the Shrimp 🦐

تعليق:

11% since my idea 😎

تعليق:

12% since my idea

تعليق:

Bang Bang Bang!
25% 😎