Appropiate type of order

Hello to all. Newbie here, just wanted to confirm in the scenario shown in the picture below, we would place a buy stop right ? Sorry if my question is too simple. Thanks
grade1-bounce-support-1

Also, I came across this sentence " Now, if enough selling and liquidation of losing positions happen at the broken support level, the price will reverse and start falling again." Shouldn’t the price start rising again ?

Yes, that’s right.

No - when selling pressure outweighs buying pressure, prices fall.

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That’s right, it’s a buy stop, and no selling means price going lower.

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