Currently the has reached overbought territory and is in the stages of moving back to an oversold region.
Support at the 6300 price point seem very well supported both by Fibonacci levels, the Kijun Sen, and psychological support.
I don't believe we will see the price break to the downside of the channel. Although the has room to fall, the RVI is signaling that is decreasing. That in combination with the well respected support that has formed, I believe we will see a move upward in price over the next few hours.
The 2 as well as the 4 hour timeframe have Kumo twists and bull crosses on the . Which further reinforces the idea that the price should stay contained within the channel.
However, a large enough sell off and a break to the downside would mean our next level of support is ~6130 - 6200