The 4-hour timeframe has broken below the mid-band. Even if the rebound exceeds 0.1923, it could signal the end of a short-term pullback. However, the trading volume is lackluster, making it difficult. Currently, still bearish outlook.
$PI Of course there's also a possibility that a significant positive event is about to be announced, and the main players are now accumulating positions, which is a different story altogether!