Is it just me, or does this look like a falling knife that's forgotten how to stop?

$POL ‌ is looking pretty rough on the 1D chart. We just swept the recent lows and hit 0.0824, and honestly, there isn't much historical structure holding us up right here.

The selling pressure is consistent. You can see those red candles stacking up with almost no retracement. If we don’t see a massive volume spike soon to signal a "capitulation bottom," this could easily bleed toward the next psychological level.

I’m watching the 0.0820 area closely. If it cracks, things could get even uglier. Not a fan of catching this until the RSI shows some life or we get a solid bullish engulfing candle.

Patience is the only play here. Staying on the sidelines for now.

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