The chart shows a classic "bottoming out" phase, but the overall trend remains fragile.
Trend Status: The price is currently at 0.0831, sitting just above the Supertrend support (0.0798). While it has bounced from the recent low of 0.0700, it is still in a long-term downtrend (down -71.54% over 90 days).
Support & Resistance:Support: Immediate support is at 0.0791 (the bottom of the green Supertrend cloud) and the local bottom at 0.0700.
Resistance: Heavy resistance sits at 0.0848 and 0.0963. The price needs to close decisively above 0.0860 to signal a trend reversal.
Volume: The volume bars show a massive spike during the crash to 0.0700, indicating panic selling ("capitulation"). Current volume is lower, suggesting the market is in a "wait and see" consolidation phase.
Indicators: The Supertrend has recently flipped to green (bullish) on the 1-hour timeframe, which often precedes a short-term relief rally, but the daily timeframe remains bearish.