Watching $GOOGL for potential bounce off 200DMA

After the recent pullback, $GOOGL is testing its 200-day moving average around the $165 mark. Volume on the downside has been elevated, which is a concern, but we've seen prior instances where this level acted as solid support. A breach would open up lower targets, potentially towards $158. On the flip side, a strong hold and close above $166.50 could signal a short-term bottom and a move back towards $170-172. Anyone else got this on their radar or seeing different setups?