The price is currently rejecting the resistance zone. If price wants to continue up, it has to flip Resistance into Support after breaking the current Resistance zone.
If price does not break the Resistance zone, there is a big chance of testing the Support zone below. This support zone has to hold to continue the uptrend.
If price does not hold this Support zone, this zone can also be flipped into Resistance and function as a place to short.
Lets see how price develops this week.
