This is a savage sell-off, technical can't win against fundamental. But for every sell-off there's a turning point, 56-58 can be a potential longing entry point since it hits the support zone and reaches the lower bound of declining channel.
Stay patient and don't catch the falling knife. Any imprudent buying attempts have led to get account rekt. waiting for the higher low and lower high to be formed in lower time frame
Forex & Crypto day trader