The price has reached the resistance channel and looks like it is stuck on the horizontal resistance line, the last candle formation is a bearish spinning top. The price movement that is stuck on the resistance line and the spinning top candle can be an early sign of a reversal, but it still needs further confirmation. There is still a possibility of the price moving up to test the next horizontal resistance level, seeing the strong bullish movement. For those who feel conservative to be more careful.
