LTO - capitulation dump before strong push up?

LTO lost support at 0.05$ and did massive dump. This looks now like completed impulse to downside with significant capitulation dip. We are oversold and when looking similar structure on lower timeframes we see that bounce up was usually very strong (push to fibb 0.786-0.886 range) so I am expecting similar action also now - bounce and strong push to test 0.25-0.50$ range.