$X testing $55 again, previous rejections make me cautious

Watching $X here, it's pressing into that $55 mark again. We've seen it hit this resistance multiple times over the last few weeks and get smacked back down. Each prior rejection led to a decent pullback, so I'm not exactly jumping for joy here.

My take is that a clean break and hold above $55, let's say a daily close comfortably over it, would be what's needed to shift the short-term bias. If it fails here again, especially on increased volume, I'd expect it to retest the lower $50s pretty quickly. It's not a buy for me until it clears that hurdle convincingly.