The price is testing an important resistance of 0.3$ after a bounce on the weekly support. The price is trying to have a breakout from the dynamic daily resistance and static monthly one.
On the 4h timeframe we can see how the price had a breakout from the previous resistance on 0.28$ with a nice retest.
How to approach? If the price is going to have a breakout from the monthly resistance and retest it as new support, we can add in our watchlist and wait for applying our rules for a new long position –––– Keep in mind.
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