It just broke below the triangle so there is a strong chance that it will either go sideways for a bit longer or drop until it touches the dotted line (possibly somewhere within the elliptical zone.) The danger is that if it breaks below the dotted line, price will dump hard). I will wait for the price to bounce upwards in a convincing move before I buy some more.
As always, the strongest and safest buy signal is if it breaks it's All time High above 0.000094.
I hope this helps
Should I sell it now and consider it a small loss? How long do you think it'll take to bounce back? Very new to this, trying to learn. Thank you for the chart and the explanation