Silly to Short at support

Looks like BTC may rebound from here, the indications are:

• BTC testing previous resistance, which will now act as support.
  
• 1-hour shows a Bullish Divergence.
  
• BTC is testing the Lower-Bands of the channel.
  
• 4,8.12hr Bollinger Bands are really stretched.
  

What are your thoughts?