Price is standing at an old Resistance area that pushed the price strongly to the down side And now it Turned into support a pretty strong support and on the daily timeframe the price failed multiple time to break it
we need to keep watching the price on the 4h time frame and to see the price reaction to the area this time if we have a good bullish price action we can enter a buy trade and put our target at the previous high
if the price managed to close below the area on the daily time frame it will be a nice sell setup