Looks like a bearish divergence on the 4 hour.
Will it break or bounce? Looks weak.
Chart from yesterday playing out nicely so far. Waiting to hit that $42 and reassess the situation.
Currently short looking to ride it to around $42 and see if it remains in this channel.
Just noticing that the daily RSI has only hit 70 a few times in the past two years, today being one of those times.