AXSUSDT needs liquidity to create the breakout!

Updated
The price is in the consolidation phase above the daily support at 12.40$ and the market is trying to have a breakout from the descending channel

How to approach it?
IF the price is going to have a clear breakout from the static 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.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐
Note
The price needs to create a clear breakout and flip the current resistance into new support.
Let's see!
snapshot
Note
The price is testing the daily resistance as I told you. Wait for the breakout!
snapshot
Note
The price is testing the resistance as I told you.
Wait for the breakout!
snapshot
Note
The price is testing the daily resistance.
Wait for the breakout
snapshot
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