Will it fail, or hold?

So we are getting pretty close to the zone, now almost -20% drop from the previous high, with this strength to the downside, I will wait for some kind of formation, before i will buy the dips.

5 days down now, last time we got over 6 days down and -26%, and that did start 15 jul 2021, and ended the 20 jul 2021, with a nice bottom.

Let's wait and see where it will go.