Clear bearish backtest after the breakdown. We are now looking for two things.
1. A spring back above the level - Unlikely
2. A return to 60$ and hold as support
Until then the bearish backtest has given no reason to be in this asset. But it is key to follow the price action as the pattern is still there and valid. If one was holding this they could accumulate above 60 with a longer term target of 150$.