BNBUSDT is testing the support

The price got a rejection from the 0.786 Fibonacci level after a bounce from the daily support at 190$.
The price is testing the 4h support on 210$

How to approach it?
IF the price is going to have a breakdown from the support and retest it as new resistance, 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.
  

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Follow the Shrimp 🦐

Yorum:

The setup is still valid, wait for the downside movement