A single retracement candle is not enough to confirm a trend change. It is important to watch the upcoming candles. If the next candles are bullish (green candles) with increasing volumes, this could indicate a possible trend reversal.

Support Level: Support around 58,000 USDT is critical. If the price tests this support again and holds above it, there could be a consolidation or even a reversal. However, if the price breaks this support, the downtrend may continue.