I have also added the weekly chart here because I think it is important to see the significance of the 200 WMA
It has been a very important resistance/support line since the start of 2023
Price has been moving either side of this MA without any clear direction
Price is still below the 200 WMA and we know that this is an undervalued position below the 200 WMA.
Right now the level is at $235, the price action is showing promise outside of the wedge now but a flip of $235 to support and bulls are in the driving seat.
They do not want to see a hard rejection at this level next.