The price is trying to have a breakout from the daily resistance on the daily timeframe after several rejections. On the 4h timeframe, the price got liquidity from the demand zone on 4.8$ the price is testing the 4h resistance on 5.2$ on 0.5 Fibonacci level.
How to approach? If the price is going to have a breakout from that area, we could see a new bullish impulse until the next valid resistance on 5.5$ –––– Keep in mind.