The long-term trend may be short but hear me out, on the 1H timeframe the price rejected the 50 EMA and is trying to break the 200EMA. On the 4H timeframe, we may have a gap close between the 200EMA and 50EMA if it succeeds in breaking it. What adds some confluence is that we have an area of interest (purple line) where the price bounced many times before. Enter this trade only if the price breakout, retest and form two bullish candlesticks. Good luck!!