Market is like hill. In order for price to rise it needs energy that is buying pressure or momentum or order flows. If it doesn't get energy it will come down, halt gain energy and then will climb up again.
It has broken previous swing low so be careful.
The next days candle was a bearish doji which indicated that there was no buying pressure at the top.
Today's candle signifies that selling has got absorbed, but you need confirmation. If the next candle is bullish and closes above the high of today's candle then enter the trade.