The 1-hour chart shows a MACD crossover below the zero line, but the red histogram has just begun to shrink, indicating a bearish exhaustion and a weak rebound rather than a reversal. The RSI at 12.24 is extremely oversold with a strong need for a correction, but without volume support. The levels at 2190 and 2135 are high-pressure zones with a high likelihood of a rally failure and subsequent pullback.