ATM retested the trendline and rejected it as expected. The price has dropped by more than 5.50% from our entry point. You can adjust your stop loss to the breakeven point and continue to hold the trade. We might see a test of the $1.14-$1.15 support area; let's observe how the price reacts there. A break below this support level will open the door for a potential decline to the $1.00 level.

$ATM