Price is forming a bearish Flag within a bearish channel.
A bearish sequential Buy countdown has also started and is currently at bar 3/13.
If bearish Flag is confirmed, target is Support #1 @ 130 USD
Once Support #1 will be hit and depending on the sequential indicator, we should be able to reassess if support # 2 is likely to be reached.
About TD+ Enhanced Sequential Indicator:

MATHR3E
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