Outlook for $KC at 9.54: Is this dip just a pullback or a continuation?

Saw $KC dip quite sharply today to 9.54 after hitting a key resistance around 9.655 yesterday and failing to break through. Personally, I think this sell-off might just be a consolidation to test support before attempting to move up again. However, if it truly breaks below the support around 9.29, that would be concerning, as it could open the way for further downside to test lower levels.

Now, we'll have to wait and see if the price can hold above 9.29. If it breaks below that, the short-term uptrend seen earlier would need to be completely re-evaluated. The risk is if it closes below 9.29.