RACEACEACE LOWER T.F SCALP 5607-6306

This is a lower t.f SCALP idea.I believe the lower t.f (1min) is oversold. The price will either become weak if the bulls fail to show up and it'll swing down or the bulls will step in. The more the price moves to the right of the Gann Fan drawn from the pivot high of the recent pump without dropping lower, the more bullish it will get. I believe that a move above 5923 will give the bulls a chance to take it to 6306 resistance.

Short term, I believe the bulls will take it to 5607. The range will be 5244-5607 until there is a break to the upside or downside.

Support: 5244, 5027.

Yellow line 5027 is hard support and if broken, would result in downside towards yellow line 3942

Current status: waiting for confluence from t.a to enter a long scalp near 5244. I'd like to see some bullish momentum first.