Not really enough data for any kind of definitive view, however I would not like to see the lows of the high volume bar @0.039 taken out.
There are also a couple of bars recently which suggest some buying, although no obvious signs of price wanting to move higher at the minute (and the only time it did, it met increased selling pressure (29 January). That suggests some supply issues, and price will rarely move higher with selling pressure above. In that situation price would more likely shakeout or pull back, and challenge the sellers to come out and do so (so as to get rid of them, and clear a path above).
