on the recent leg up, its flattening a bit, in a range.(and it can continue moving in a same small range even outside the channel, before it makes a move)
right now on the edge of channel for a possible breakdown./ reversal
After a successful leg up , the price is testing the upper edge of the channel.
watchout for a breakout or reversal
AFter the breakout, its retesting the channel edge.
look for a reversal or breakDOWN from that level