ASX TLS Telstra Shares looking to bounce back at 3.65

TLS share prices have reached a Fibonacci retracement level at around 3.65 with a substantial increase in volume in the past three trading session. These activities indicate to me that share prices are about to consolidate and make a move to the upside. However, share prices need to remain above the current support at 3.65 to head back up. Share prices could fall to around 3.57 if it fails at 3.65