The #ONDO I mentioned multiple times
is currently located right in the area of the previous low of the price pattern.
Don't rush in just yet; the last time it was oversold on a weekly basis, it consolidated for 49 days and then spent another 42 days in a range, taking almost 3 months to really start a trend.
So now you know it’s 'oversold', that’s enough; it doesn’t mean you should go all in immediately, right away, or the very next second. If there really is a market, a few candlesticks won't make a difference.