Strong Support/Resistance
The price is above a strong support zone right now (in red)
Above price is some resistance, albeit it not super strong
If we look at the stoch, we have dropped back down to the middle and currently moving sideways.
This is not a good time to buy, if we stay in this sideways channel we only have 4.38% room to move, it's better to wait and see if we break up or down this channel first.