You're right, it has cut through the TL.But it did something...

You're right, it has cut through the TL.

But it did something similar late Jan before taking off following the Quarterly/Enterprise ACV Update. Market was much more buoyant than it is now.

The weekly cuts out some noise. Currently finding support on the 20 week EMA/SMA

Current market sentiment is seeing good news sold into as liquidity events. Wouldn't surprise to see it test 50 - 51 before the upcoming Quarterly/ACV Update.

Seems to be a bit of uncertainty about how good the Quarterly will be. This isn't unique to Pointerra. Hopefully there will be enough in the updates to rally back into trend in the middle - high 60's. Otherwise maybe a bit more sideways drift before the next push.

Nothing that a solid Enterprise/Defence Update wouldn't fix!