In higher time frames, we are in a trading range, which faced supply pressure after reaching the ceiling of the trading range, and with every correction in the major pivots, good selling positions can be obtained.
On the 4-hour chart in Phantom we saw a strong bullish wave after a long bottom, we are now seeing a correction.
The first support will be 0.5 range, the next support will be 0.417, this is just an analysis and respected investors with capital management can base their decision.