If it can break and stabilize above 115660 on the hourly level, bulls may become strong, with targets at 116100/117200. But if it doesn't hold above 115660, it basically has no chance.
On the 4-hour level, pay attention to the support level at 114480. Once it breaks below, it may continue to pull back, with targets at 113500 and 112000, especially at the 112000 level, which is worth special attention. $BTC