The market rejected the resistance and fell because of it. The price is ranging on the 4H timeframe. The resistance zone was tested multiple times before, when the market was pushed lower several times from it. I expect a pullback from this zone and upward trendline, because the market formed a impulse move. The price will grab liquidity above the recent lower low and continue moving in the range zone. My target is a support level of 0.58035
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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