There are two ways, it can continue to down to previous bottom or it may want to react to the channel ( red line ). In this area, Daily and 4H RSI show us overbought and MACD has divergence, so be careful.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.