This short-term options game with a 15/30-minute setup offers a continuation chance for the shorts, aiming for a new low. Below is the long-side support from the 2h timeframe. The current support level is at 1909; 1926 is our defense level. If price breaks above, it will prove that betting on this level was wrong for now, and the price may move up to the 1930-1938 area. Here, look for a position to continue shorting. If this is still wrong, the bulls will still have another chance to keep pushing up to test new highs. On the 4h timeframe, there is likely to be a pullback here, and the probability remains relatively high.

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