XMRUSDT is testing the key levelThe price is testing the 4h resistance after the rejections form the daily resistance inside an ascending channel on 170$ area.
Now the price had a bounce and the market is testing the 0.5 Fibonacci level.
How to approach it?
IF the price is going to have a breakout from the 4h support and retest it as 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 🦐