Is it just me, or is $FIL ‌ trying to catch a falling knife right now?

We just hit a fresh 24h low at 0.884 and the chart looks pretty heavy. That last hour candle was a straight flush down, and we haven't seen any real "get me in" volume from the buyers yet.
Price is currently at 0.885. If you look at the previous peaks around 0.944, we’ve just been making lower highs all day. It’s a classic downtrend. The only silver lining is that the order book is roughly 51% green, so some people are at least trying to build a wall here.
If this 0.88 support doesn't hold, we’re likely looking for a much deeper floor. I’m waiting to see if we can at least consolidate and move sideways before even thinking about a bounce toward 0.91.
Staying patient on this one. No point in rushing into a trade when the trend is clearly pointing down.

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