XTZUSDT needs to recover the monthly support

the price lost the ascending channel after the market got liquidity for a bearish impulse from the 2.2$ level.
Now the price is testing the 1.4$ below the monthly structure.

How to approach it?
The price needs to flip the monthly resistance into 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 🦐

Kommentera:

The price needs new liquidity in order to create a breakout above the monthly resistance. Let's see!

Kommentera:

the price needs to flip the monthly resistance

Kommentera:

Clear breakout. 8% so far