The candle on Wednesday 11/6 was a clear rebound and drop candle, and this was confirmed by the candle on the following day. Cautious traders take advantage of such signals and start to protect their portfolio and may benefit from it.
There is clear selling pressure but the price has not broken the support at 142.9 yet. The overall trend is downward. #MACD is negative. #RSI shows clear weakness on the daily.
The price is between support at 136 and resistance at 156.
Currently, holding the price above 142 and not breaking 136.7 gives a weak rebound opportunity. If the price breaks 136 with a daily close, the decline will continue down to 120 or lower. Wait for a rebound from 142.9 or a clear break of 148 to re-enter. Waiting is important to determine the entry area.