Will the price hold up here or more downside to come?

Based on the price action recently, it seems fair to assume the price is likely headed lower in the near term.

Anytime price goes down on good news, it's not a good thing.

And that is exactly what we had last week.

However, there are some indicators already signaling oversold conditions and pointing to a possible bounce, if not an outright reversal of the weakness...

Check it out:

(Source: https://twitter.com/rovercrc/status/1698631738556133785/photo/1)

Which one will win out?