Note the break out, 0.047 early December on large demand,...

Note the break out, 0.047 early December on large demand, (buying).
This is what you are looking for.
Then a period of low supply (selling) 2nd half Dec, 1st half Jan as price was pushed back to remain above 0.052
Also what you are looking for, meaning selling interest is drying up.
Then a break of 0.07 on 15 January on large demand and follow through buying pushed it to 0.105
Again very bullish for the stock.
Next a consolidation period again, where supply pushes the price back down to the break out point of 0.07 and the 20 mda as Torpy notes.
The break out point or pivot point, is important in any technical break, as it determines if the break is real or false.
Combined with 20 mda it provided provided support and should continue to do so as previously since November.
For the chart to remain bullish, ideally the price needs to remain above the break.
In a climate of fear, you may see selling into 0.065, but the chart would become bearish if the price fell below 0.052 again.

Cheers Lute