Arb, the small level has actually surged, looking at the pattern it has formed a bullish triangle. By using the dividing line to determine the high point, the current price fully matches the high point, and there is also a divergence trend.
So, at the small level, you can short around the current price of 0.358u, just keep a position for averaging down. Generally, coins that have dropped significantly tend to make a rebound before dropping again, so it's time to short!