1. The ($11140) will be broken. In this case we will have 100% chances of going lower to another support which is located at the $10435 level because downward movement will fully absorb the whole upward movement. However, bulls can buy the price back and not let this happen.
2. The will be falsely breakdown. In this case the price will have 100% chances of going higher to another resistance which is located at the $12140 level.
3. The won't be broken at all. In this case bulls will show their strength and can keep the . Therefore, the price will move upward to the $11495 resistance and if it breaks - the next resistance will be at $12140.
Current priority is downward.
Do you see a potential small relief bounce if price holds the 10400 level?