It looks like VCSH may be interacting with a slightly angled resistance line. This area could represent a pivot point. In addition to being near an angled resistance line VCSH is near a weak resistance line. If there isn't strong buying pressure the price might bounce off and move back down, but it can always break through and move up. Momentum wise Vanguard Short-termrate Bond, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $78.41 level, hard to say where it will go from there though.
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