Short rebound possible, but generally a bad outlook

I have recently had more hopes with my last idea, but now it looks devastating. With political tensions going on and the SEC still fighting crypto and no good reasons for the price to climb, I see a trend moving to the ultimate bottom. I don't know where this is, but $6.5 does not seem out of reach.
All the potential this project has, but for now it seems it's moving down only.

We may see a potential price recovery to $9, but in the end the trend will continue until better news arrive.