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In my view, it is more appropriate to see it as a highly volatile asset in a clear downtrend that is attempting to stabilize. At this stage, the most important thing is to determine whether an effective double bottom has formed around $10 or whether this is merely a brief pause before the downtrend resumes.
I would not favor going all-in on a dip at $10.68. If I were trading short term, I would place greater emphasis on confirmation signals rather than simply betting on the previous low. An aggressive approach would be to test the waters with a small position, but the stop-loss level must be determined in advance, while accepting the possibility of being wrong.
For a more conservative approach, wait for the price to regain a firm foothold around $10.80 and observe whether trading volume confirms the move before considering participation in a rebound. If $10.08 is decisively broken, suspend the dip-buying plan and wait for a new bottoming structure to form; do not keep adding to the position because of unrealized losses