Based on the chart, the lowest price in the last 24 hours is $0.16570. If the bearish trend continues, it might retest this level or even drop lower, depending on market sentiment and support levels.

Key observations:

• The price is below the 7-day moving average (MA7: 0.16948), showing short-term weakness.

• The Relative Strength Index (RSI) is around 40-45, indicating that the asset is not oversold yet, meaning there could still be room for further downside.

• The next major support level appears to be around $0.16570, the previous low.

If selling pressure increases, a further dip below $0.16570 is possible, but a reversal could happen if buyers step in near that support. Would you like a deeper technical analysis on support and resistance levels?