Let's take a look at ETHUSDT on 1D time frame. As we can see on the Ethereum chart, last couple of days the price has been corrected after the impulsive move from low 2400ish.
Our strategy is to wait for the price to finish the pullback and retest previous resistance to confirm it as support now.
The possible scenario is shown on the chart. Entry, stop loss final target and take profit levels are shown on the chart.
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