The 1-hour chart from your screenshot shows a classic "correction after a peak" scenario. After hitting a local high near 0.05000 on March 10, the price has retraced significantly.
Current Price: 0.03914 (Down 16.62% in 24 hours).
Key Support Level: The blue line in your image at 0.03790 is the immediate "line in the sand." If the price holds here, it could form a "double bottom" or a consolidation base. A break below this could see a slide toward the 0.03500 psychological support.
Resistance: The red line at 0.04281 (and the recent breakdown point) is now the primary resistance. Bulls need to reclaim 0.04500 to flip the short-term trend back to bullish.
RSI (Relative Strength Index): Your chart shows an RSI of 31.58. This is deep in the oversold zone (typically <30). This suggests that the aggressive selling may be exhausted, and a "relief bounce" or sideways consolidation is likely in the next few hours.