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My thoughts exactly. I wonder if the larger sell orders at .006 will stay there, it feels a bit like a cap while whatever appears at .005 gets scooped up. There isn't much resistance above that for the time being. there are a lot lined up at .004 but nearly no appetite to sell into it, I think there should be a bit more buying appetite at .005 pretty soon with news expected soon from the sounds of things.

On the 1day chart the RSI is still sitting pretty deep in oversold territory and the MACD looks like it's starting to curve off indicating a possible bottom, volume has dried up

Looking at a shorter time frame on the 1hr chart the RSI and MACD have started to move up, the bollinger band has become very tight and the 20sma has come down sitting just under the candles


Technically, it's looking like a pretty good position for some nice upside from here, the markets wants some confirmation though...