ALPHAUSDT is testing the Weekly supportthe price tested the key level on 0.35$ on the weekly support. As you can see from the upper chart, this support is strong.
On the lower timeframe, we can see how the price is trying to create a new Higher High.
How to approach?
If the price is going to have a breakout of the 4h Resistance (0.42$) and retest it as new support, 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 🦐
