It's been consolidating for some time now. It's been very bearish on the 4h ichimoku cloud, and is slightly bearish on the 1h cloud. However, it's just beneath the edge of a very thin cloud, and movement upward wouldn't face much resistance. Neither would movement downward. RSI and MACD are no help here. Be ready for movement in either direction.
Note
It decided to drop below the blue support to the higher order purple channel support
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.