Joe turning a channel into supportive structure

Joe is looking to attempt to turn the previous medium term channel into a new support level. The gold line is the .382 fib which is a key area looking to be tested again soon. Volume is still on an overall uptick and RSI is cooling off as it needs to before another rally. The demand box is a fall through zone is this doesnt play out. I think the token tests the golden line once or twice more before breaking.