The price is testing the 0.5 Fibonacci level after a bounce from the demand zone on 5.6$. Now the price is creating an ascending channel above the 4h support on 6.80$
How approach it? IF the price is going to lose the support, we could see a new retest of the demand zone on 5.80$. According to Plancton's strategy, we can set a nice order ––––– Keep in mind.