In the early hours it resumed yesterday's bearish trend and was dipping rapidly. This happened in two phases, where it first fell to $8.595 and then to $8.369, with the aggravating selling pressure. Currently it strikes at $8.79 on a bearish candle. Further, the movement flipped being bullish and might touch $10, if the bulls rally further. However, failing to do so, the price may dip from this point and sail back at $8.50. RSI set near 44, highly recessive.
The resistance level is $ 9.470 The support level is $ 9.075