Nice area to watch for a long opportunity.
The price is entering the Daily , again with strong momentum to the downside attracting the price like a magnet (zone of high liquidity). The is also in the oversold area.
Note also the confluence with the move, the green box is my entry zone with my stop below the daily (big red box).
You can wait and add more confluence to increase the strengh of the positive expectancy of the trade ( + divergence...). It all depend on your trading style.