The price bounced back but failed to break through resistance at $4,403, leading to a decline as expected. However, despite making a Lower Low, a Bullish Divergence signal formed on the 4-hour timeframe, warning of a potential recovery. If the bounce fails to pass $4,368, selling pressure remains a key concern.

• It is recommended to buy back yesterday's short positions if the price stays above $4,257–$4,234, while trailing the stop to $4,315 to lock in profits.

• For new positions, opening short positions is recommended if the price fails to break past $4,315–$4,368 (Stop loss on short positions if it passes above $4,368).