The broader 15-minute structure remains supported by the strong recovery from 60.60–61.00. The current decline appears to be taking place within a short-term descending channel.

The key area is 62.20–62.60. If price finds support there and starts reclaiming the upper part of the channel, the next levels to watch are 64.00 and 64.50.

Above those levels, the chart opens toward 65.00 and 65.50.

Invalidation/structure warning:
A clear breakdown below the important support region would require a reassessment of the bullish continuation idea.