ALGOUSDT is testing the range

The price is testing the resistance inside the range after a new lower low
How to approach it?
IF the price is going to have a breakout, 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:

consolidation before the pump?

Comment:

The price is ranging above the weekly support.
Wait for the breakout

Comment:

If the price gets the liquidity and creates a breakout we could add in our watchlist