This may not be a quick recovery. May form a triangle and break out toward the end of October Lots of swing trading opportunities if this holds.
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Hit it perfectly on the hourly. wait for a hit on the 4/8/daily candles and buy the bounce for a high probability trade, if you missed the quick bounce now.
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Bouncing off the 61% retracement. May have hit bottom. Good volume coming in here
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Note: if this doesn't hold, the next fib extension of around $7 is possible. Very good buying opportunity in either case.
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Indecision on the 4hrly candle. Not a good sign. A true bottom should see a bullish run up quite quickly, not indecision.