I did quick and simple T/A and in my opinion seems to be the likely outcome. EMA lines are about to cross, it has made a lower low, which has now flipped the Fibonacci and likely to get rejected at the 61.80% - 50% range. The path lines aren't placed specific to the timeframes so ignore that it stretches way into 2025.
Chart PatternsTechnical IndicatorsTrend Analysis

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