Is the downtrend line now once again forming a resistance?

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This is the downtrend line I published back in February, I was positive about the breakout happening and bullish for it to continue. Which it did after some hesitant sideways movement. once the FUD's took hold the support line got broken without any resistance and now we are below once again.

The red arrow shows we are on the cusp of breaking through again, I'm a novice but I'd be really grateful for some more experienced heads to provide their Analytical prowess to advise the most likely movement...

I'm thinking 70% for down.

Please like if you actually do LOL

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Here it is in close up