That's not really resistance, the bid and ask is mostly noise for example an order for 2 million shares pops up at 1c almost daily, what's that for? its just there to make the buy side look more substantial a simple play on psychology.
Support and resistance is built upon price action we are currently at the highs from june 19 and that will take a while to churn through, if your on twitter you can look up the price levels I was talking about over the last few months 18 was one and 22 the other next is 33 on volume. It is also a level that Twynam were selling at back in 2019 to convert options. Twynam as of the last T20 held no options to convert but if they start acquiring options on market we will see a displacement of the option cost and a big uptick in volume.
