So far the latest decline was probably a retest to the broken resistance level, which is a usual phenomena in price action, as price retests broken resistance levels, which turn to support in most cases( I say in most cases cause there is always a percentage of failure)
Accordingly. the price is likely to remain supported in the near term target the top of the...
-50-days SMA was taken
-42.30 horizontal support was broken
-Next potential target at 39.00 level at the 200-Days SMA
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Bearish shooting star candle at resistance hints Short term we might see another leg lower, but longer term technical picture is improving as price broke key ling term trend line/50 days SMA
