Definitely looking like the market has capitulated, and is in peak "distrust". FA seems like downside is limited, lots of HC chatter and capitulation/desperation over the last 2 weeks. A good sign for LT buyers.
Generally LT, that's a buy signal.
Horizontal support lookes in tact, swiping buyers from Arpil 23 period (stop loss hunt?).
That trendline is right on target also.
Downside into the $0.40's is possible. Upside target within 3 months (60 trading days) is quite attractive RvR. As an example, entering in today has a 8+ R/R ratio, and thats just to swipe away the last 2 weeks action, and a new low being your stop. So very attractive long entry.
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