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Recently, this coin's trend has been quite interesting. After a pullback from $0.1700, there are signs of stabilization near the low levels, and technically it looks somewhat oversold.
From the chart, several key support levels are here—$0.1605, $0.1597, and $0.1573. If these levels can hold, there might be a rebound opportunity later. Conversely, if the price falls below the $0.1541 level, it could trigger a new round of selling pressure.
Overall, the current position indeed has some rebound potential. However, trading should still be cautious, and risk management is always the top priority. The market is like this—opportunities and risks often coexist.