1) On the 4hr chart we can see it as formed and possible reversal expected.
2) Price is in a strong and can test this zone for up move and if it respects this zone one can expect up move in the stock .
3) If it breaks the support then wait for the next retracement downside to take short position.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Please share your feedback in comments and this will help me to improve my drawing and analysis