If you can't break out of this channel, it will keep oscillating. A healthy breakout requires surpassing the red trend line above (Figure 1, four-hour level); otherwise, it's just a fake move. If we zoom out the timeframe, and this rally cannot effectively hold above 2900 (Figure 2, daily level), it will continue to test lower levels. When zoomed out, new lows may be made. Currently, the resistance above is in the 2100-2400 range and needs to be cleared. The support zone on the downside is between 1875-1750. If it effectively breaks below 1750, look at the 1350-1600 range.