5\1 $OP
The recent increase seen on the daily chart is entirely driven by the rise of ETH, which has led to an increase in ecosystem tokens. After reaching a high point, retail investors took profits after a wave, causing a large amount of selling pressure, leading to a rapid pullback after the rise on the daily chart.
The short-term support level is at 0.632. If you want to buy, you can do so within the range of 0.638-0.582.