1INCHUSDT is testing the support. New bullish impulse soon?

The price is inside a descending channel and the market is testing the the demand zone on 0.58$ area.
The price needs to grab new liquidity and create a clear breakout from the 0.6$ area.

How to approach it?
IF the price is going to have a breakout and retest the 0.6 area 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.
  
• ⚫️ black structure -> <= 1h structure.
  

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Follow the Shrimp 🦐

Comment:

The price is testing the support as I told you. Now the price needs to create the bullish impulse from here

Comment:

Now the price needs to grab the liquidity to turn the bullish bias

Comment:

The price is starting to move as I told you.
Wait for the confirmations

Comment:

The price is trying to flip the first resistance as new support.
Wait for the new bullish impulse