The price tested the 1.272 Fibonacci Extension on the daily support (16.6$) In that area the price got liquidity and retested for a new local bullish impulse. On the 4h timeframe the price tested the 0.886 Fibonacci level below the 4h resistance.
How to approach it? The price needs to create a new breakout from that area and retest the current resistance as new support, According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
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