SXPUSDT needs to create a new breakout from 0.618 Fibonacci leveThe price had a bounce exactly on our daily support at 0.324$ where the price created a double bottom as well.
After that, the price created a series of higher highs and higher lows, and now the market is testing a daily resistance at 0.5$ on the 0.618 Fibonacci level, it's a key level for the market.
How to approach it?
IF and only IF the price is going to have a breakout from that area and retest the current 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.
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Follow the Shrimp 🦐
