Left Shoulder: A light bullish push followed by profit booking.

Head: New high made but unable to sustain.

Right Shoulder: Rejection below the previous high, indicating overall market weakness.

Neckline (black line): Continuous support level, which has now been broken or is about to break.

📉 Possible Scenario:

If the neckline decisively breaks down (with volume), the potential downside target could be between $3.35 – $3.30.

A possible breakdown path is shown on the chart, which could take the price downward.

📌 Trading Tips:

Wait for confirmation – neckline break with volume.

Stop Loss should be placed just above the neckline (near $3.75) if shorting.

Target zones: You can look at Fibonacci retracement or previous support zones ($3.35, $3.20).