There is currently a bit of an upper shadow, and there is still some pressure from the previous high above.
From the daily chart, it just happens to reach the previous high resistance zone, which is quite crucial. There is also an RBS (previous resistance turned support) below. If there is a pullback but it holds, there will be opportunities to rise again later.
From the 30-minute chart, the price is currently consolidating at a high level, forming a small triangular convergence.
If there is a pullback to around 110,250 (which coincidentally is Fibonacci 0.5 + daily RBS), it could be a good opportunity to consider going long.
Overall, the bias is still bullish, and it is not recommended to short at this moment. If you really want to enter the market, it's better to wait for it to test the support and hold before entering for more stability.