In reality, it is not just progressive selling. Notice that the 1H chart shows a clear bottom at 0.4046, from where it bounced. The RSI came out of oversold and the MACD is starting to turn positive. As long as it remains above 0.411, the most likely scenario is that it seeks the zone of 0.418 – 0.423 (where the MA25 passes). That is to say, there is selling pressure yes, but also signs of accumulation in this range. $HOLO