I would say, if negative news keeps comming, price can reach support line at around 500 sat. which coinsides with 0.786% fibs level.
I place stop at 423 sat.
I know you have got like a PRO next to your name. I know I am also an novice a noob and want XVG to shoot back up to 2k sats like you do.
But what makes you think that it will go back to that green box you have drew? what is your TA against this or only hoping it goes back to that Green box you are suggesting?