Although I don’t know much about technical analysis, considering other socioeconomic and political factors as well, I’d say a short-term bounce, followed by a gradual decrease/movement sideways until mid-to-late January next year. I don’t think the price will drop below the lower support zone as it’s already a significant deviation from the longer-term moving averages. These could provide some momentum for an upturn, but I think general market confidence needs to recover a bit for an extended upturn. Fwiw.