Additionally note, panick sellers will inevitably dry up - the small volumes of trades selling over the last week or so is a good indication of a potential turn around. Also don't forget this is uncharted territory, minimal traders selling are taking a profit now, so there will be stronger reluctancies to sell down especially as the price stabilises between certain ranges i.e. .24 - .28.
Of course I could be wrong - we just need those levels of support to return on the buy side as current stats suggest thin amount of buyers still: 7 buyers for 2,854,000 units.
CXN Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held