chart -waiting for the correction to end, page-8

"The red line from 15th /7 that goes to .069c mark,"
resistance trendline, imo

on 1/12 it closed on the line after the retrace from the high 7c, and the next day it suppose to rebound from the line, but we got an announcement about the delay of P1 valuation then the s/p drop and hit low at 3.6c (critical support 3.5c)

on 9/12 (next day after it hit 7c the second time) it held above the line and stayed above it

when it closed below the line on 16/12, the s/p drop back
to the support 3.6c

macd settings just the standard setting 12 26 9