ETHUSDT is testing the support

The price created a double top on 1240 area and started with bearish impulse until the 1200$ support.
Now the price is testing the dynamic and static support on it.
How to approach it?
The price can have a bounce form it and retest the previous support as new resistance, in order to grab new liquidity for the next bearish impulse, 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 🦐