ASX:9SP in descending triangle formation 🚨👹🚨

ASX:9SP in a descending triangle formation. Descending triangle is a bearish formation. This doesn’t look good for this stock. If 0.031$ is broken and 0.029$ Fib broken I dont see any more saviour. I will wait and see but for now it is not a buy stock imho.
On the other hand if 0.035$ is broken on a considerable volume, one can open a small watch-tower position.