The first inefficiency block has now been filled and is still setting a higher low. But whether this has been the decline we will examine today on the various timeframes. The enzymes are still bullish at this timeframe, but the trend is declining slightly. The rsi confirms this and is already below the 50 level and below the ema.

daily chart: https://www.tradingview.com/x/6QS9a5wy/

The four hour chart is not looking very strong. There are lower lows and lower highs being put down. We also see that the ema's are crossed bearish and all three are currently providing resistance on the price. The rsi does favor the bulls and is steadily moving up and has the 50 level and ema below it.

If we look closely, a local higher high could now be set however I would like to see confirmation of this by way of a higher low as a result.

4h chart: https://www.tradingview.com/x/EYIIZ0p8/

Here we may see the first signals for a rise. The local structure has been broken with a cautious higher high followed by a higher low. The ema's are bearish but seem to want to cross bullish. The price is currently battling the ema200 to flip it as support.

The rsi is in a falling wedge it seems and above the 50 level. The am on the rsi is providing some more resistance.
1h chart: https://www.tradingview.com/x/7g4u1t4F/

Conclusion:
The price seems to want to go up again but I don't find it very clear at the moment. I am looking at the following levels. First the 1300 - 1400 region should provide support with a possible outlier to 1238. Local resistance could be encountered at 1675 and above that at the ATH.