Cardano ADA - Potential entry point

Cardano ADA/BTC downtrending over the past few days but we have seeing a small bounce off the support line around 880.
Breakout attempt above 5 day trendline - went up and down immediately. Now holding around 290.
RSI is average (not oversold) and downtrending. MACD shows potential crossover soon (or bounce if we continue on uptrend).

If it breaks below previous support levels, it is a potential buy opportunity for me.

Watching closely.