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I usually never take trades like this, but something about this chart is speaking to me. Not much history to go off. We are currently making new lows. But we do have some downside support that MIGHT hold. Key word on MIGHT. The levels above have been tested. I am buying the $14 level because I dont think there is enough resistance to the upside to stop it once we hit this level. The risk is that we don't know how it will react as it is a falling knife. It could lose $14 and go straight to $9. I usually dont take trades like this, but the upside risk is so great that I dont want to miss it. If we dont hold here I will probably just hold a while and take the loss. Levels come from my fib pull that is based on the move to the high and to the low on the monthly or yearly. It works very well for levels!

On the 4-hour chart, a strong prior downtrend is visible, which pushed the price into the 18–19 USD zone. In this area, the price began to react positively, suggesting the formation of a local bottom and the emergence of buying pressure near a key support zone. This level has previously attracted buyers, increasing the probability of a technical rebound. The price is currently trading near recent lows, and the downward momentum is clearly weakening. Candlesticks are beginning to form a short-term consolidation pattern, which often represents the early stage of a trend reversal or corrective bounce. Additionally, the price is approaching short-term moving averages from below; a breakout above them could generate a bullish technical signal. The RSI indicator is positioned near oversold levels and is attempting to turn upward, which suggests the market may be exhausted from selling pressure. Historically, such conditions frequently result in a technical recovery, especially when price holds above a strong supp

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