Great breakdown mate — really appreciate the balanced view on...

Great breakdown mate — really appreciate the balanced view on both patterns being in play.

Totally agree that a classic Head & Shoulders (H&S) pattern is typically a bearish reversal after an uptrend — and in this case, the setup feels a bit forced, especially since price action hasn’t confirmed a neckline break with volume.

I’m leaning more toward the double bottom thesis as well. If we get a clean bounce off that $0.070–$0.072 support zone with increasing volume and RSI divergence, the “W” structure could become a strong base for a reversal. Especially if we clear that $0.085–$0.088 neckline with conviction.

That said, the fact that both are visually in play just reinforces how much indecision there is right now. Might be more about how the next few candles behave — especially around volume and broader market sentiment.

If bulls defend this level hard, the inverse H&S idea (if it forms) could actually play into a larger reversal thesis down the track.

Let’s see how it plays out — appreciating the insights from this group. Keep them coming.

Cheers!