For long (long term buyers) : can accumulate at this level.
For short (only for Futures & Option Traders) : can take short position, if price closes below 101 on daily timeframe, SL @ 103.75, TGT1 : 98.80, TGT2 : 95.80. Please choose next month expiry for positional trades.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis