On the 4 hour chart, we can see that from a risk management perspective, the sellers will have a much better risk to reward setup around the previous support now turned resistance at 5057 where they will also find the confluence of the red 21 moving average and the 38.2% fibonacci retracement level. The buyers, on the other hand, will want to see the price breaking above the resistance to invalidate the bearish setup and position for a rally into a new all-time high