The price got rejections from the daily resistance on 1.5$ and now is testing the 4h support on 1.41 support after the first bounce. As you can see on the upper chart the price has nice support on 1.41$
How to approach? The market is creating a descending channel on the 4h timeframe. IF the price is going to lose the support, we could see a new bearish impulse until the demand zone on the monthly support. According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
Is it possible to touch the price 1.24$<? Where is the most important support? That all support was broken...