$RION is one of those charts where the opportunity is hidden inside the damage. The crash from the 0.30+ region into 0.20 was brutal, but what matters now is what happened after the dump: price did not keep cascading lower. Instead, it started flattening out and printing small recovery candles, which is often the first sign that forced selling is getting absorbed.
The bullish argument here is based on base formation. When a market survives a vertical breakdown and then starts to hold above the lows, it often transitions into an accumulation box before the next leg higher. If buyers can continue defending the 0.20 area and gradually reclaim the local range, the upside can be powerful because the prior breakdown left behind a lot of inefficient price action. This is the kind of setup where patience matters most, because once acceptance returns, the rebound can be much faster than people expect.
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