We can also see a convergence which increases chances of a local reversal. Currently, all sales below the $10500 level will be much safer than any buy in this range. I think that the price will return on its way up to $10500, possible reversal points are $10260 and $10060. However, $10600 is not a strong resistance so we need to closely follow price behaviour at the $10260 and $10500 levels.
If the price will break through the $10500 level and absorb the whole downward movement, we can start considering going LONG. Until it happen - SHORT is in priority. The zone of ±$10330 is very good for opening a SHORT position, if you place orders at the $10260 and $10500 levels, you would get $10330 as an average entry point.
Want to mention, that currently, we can see a bullish convergence which gives the market an opportunity of going higher, however it is not guaranteed because $BTC still trades below the $10060 resistance.