Thoughts on BBL after today's dip

Interesting to see $BBL dip to 64.18 today after hitting 64.63 earlier. It's approaching a level around 63.50 which has been tested a few times as support in recent weeks. If it breaks decisively below that, say 63.00, then the prior trendline would be invalidated, suggesting a move lower might be on the cards. Conversely, a bounce there would reinforce the idea of a range, maybe offering opportunities for short-dated calls if volatility isn't too inflated.