AJ formed a Head & Shoulders pattern then ended the week with a dump. Moving forward this week I'd look for the retest here of the neckline for the next bearish wave opportunity!
The identified resistance zone looks solid, as the price has been bouncing off the level multiple times in the past before the breakout occurred. I suspect the resistance zone might align with the 50% Fibonacci retracement, which is a good sign of bearish momentum. Let's see how this plays out. I'll keep an eye on it.