@HondaJr, Yes, which is why shorting here is low percentage. This is where usually technical shorts cover partially of their position. Hence the mini bounce on hourly. But daily still have some more room to go down.
@HondaJr, Yes, Red downtrend was tested at least 10 times and failed. Breakthrough will be hard but will be super bullish and will attract new money. It's still bouncing around in the triangle for now.