OK, right now is a classic shakeout going on. Don't fall for it. But don't buy unless you can handle the floor dropping before a rise.
trading is more of a mind-game than analyzing, you have to keep your cold, it's too late to sell now, you have to baghold, maybe buy some more if you can afford it(good opportunity). I see that shorters has returned another 100xmr too be now, this saved their asses 
I see buy-orders pining up now, a lot of people are taking this(possibly last) chance to get some cheap xmr, i could have increased my holdings by selling above 0.012 earlier but i don't like to sell cheap in order to buy even cheaper later.