• in a bearish trend ...
• Cup and handle in the making ...
• Price recently touched the 200 EMA ...
• A Regular Bullish Divergence can be seen in the 4HR price chart & Stoch RSI, which is a pretty strong signal for a trend reversal ...
The Fib Retracement might help to show possible short term support and resistances.
If you were waiting, now's the best time to enter.
Only my idea.
Regards...