we are pumping 35%+ in the premarket over our past resistant below the 5$, now is our support , we going to see a potential resistant and selling pressure below 7.80$, if we did we need to see buying pressure happing above the 6.18$, to confirm the breaking for that resistant the next time, and continue to go up to the next price target around the 11.50$.
if we went below the 6.18$, that's mean the short are heavily positioned at 7.80$, and we going to see strong buying pressure above the 5$, cause that's the last support we should have to confirm the bullish momentum , and reversal from the bearish trend that been happing since the last September last year
if we went below the 6.18$, that's mean the short are heavily positioned at 7.80$, and we going to see strong buying pressure above the 5$, cause that's the last support we should have to confirm the bullish momentum , and reversal from the bearish trend that been happing since the last September last year