PEOPLEUSDT is creating the descending channel

The price is testing the 4h resistance at 0.0226 area where the market is creating a descending channel.
The price got liquidity from the lower trendline.
How to approach it?
IF AND ONLY IF the price is going to have a breakout from the channel and retest the resistance as new support, 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 🦐