$HOME For a Potential SHORT Trade:

Rationale: The current bounce might be a dead cat bounce, meaning the larger trend is still bearish (if we zoom out), and the price might continue its downtrend after a brief correction. Or, the price might fail to break past a key resistance.

Entry Zone: The previous short-term peak before the sharp drop around $0.028700 - $0.028750 would be a potential area to consider a short if the price reaches there and shows signs of rejection (e.g., bearish candles, high selling volume).