Objectively speaking, $ELSA hit a new 24-hour low at 0.07655. The previous low was 0.07701.
As soon as it hits a new low, people on the feed start calling it a buying opportunity, but in a weak market, new lows are often followed by even lower lows. I’ll wait to see if the price reclaims the previous low rather than trying to guess the bottom.
What do you all think?

For record-keeping only; not investment advice.