The price is creating a pennant on the key level after a clear rejection from the 8.8$ area. and retested the 0.618 Fibonacci level as new resistance
How to approach? IF the price is going to have a breakout from the pennant and retest the key level as new resistance, According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
Such a scenario is possible and cannot be completely ignored, BUT recently the trades have changed a bit, so it's worth thinking about a plan in case of a change in the trend.