Type:
Bearish Drop

Key Levels:
Resistance:
2500
Pivot:
2422
Support:
2275

Preferred Case:
Looking at the H4 chart, my overall bias for CC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the pivot at 2422, where the 50% Fibonacci line is.

Alternative Scenario:
Price may go back up and retest the resistance at 2500, where the 23.6% Fibonacci line is.

Fundamentals:
There are no major news.