Using imagination and putting on the hat of a potential short trader:
To make a profit at this point you need to take out a short position from 0.41 the goal being able to close it out likely at 0.40 or lower. you would have to bet that either
1) you could creep it down to 0.40 over a day or more or
2) that holders would sell with you below 0.40.
Both options to me look very risky to shorts IMO as it looks to me like you would be just feeding buyers (like me).
The likely outcomes to me are:
1) Bounces off 0.40 and 0.405 if you manage to short down to that level in which case you would lose 0.005 at a time.
2) Sells below 0.40 only from other shorters who get bought into and have to buy positions back at equal to or higher prices.
So if I were a shorter* I would be covering and getting out of the way.