Definitely on a downward trend here
The 8h helps clarify what can be seen on the daily, and the reversal happening on the weekly. A 2 week trend down hitting multiple candles, and even if it manages to surpass the downward trend, that doesn't hold, and falls right beneath it again within 2 to 3 8h candles. This is all happening while btc is up 3% right now. Usually it's been kind of a 1 for 1 move with btc, but now it seems like it's diverged away from btc and is moving on its own because of the trend down. Hopefully when it breaks that bottom support it'll go down to 0.0117 or so, and swingies get to pick up more shares.
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