1 - The chart has a long downward accumulation - Whales are constantly selling to push down price chase away smaller wallets and buy all the tokens on a huge discount.
2 - Rsi is showing hidden bullish divergence and price is almost at the bottom of the channel
3 - Price is below IFO price that was on Pancake swap ($0.075) meaning no one could have ever bought the coin at a lower price than it is currently
4 - I believe Wombat is a solid project they currently have a TVL of ($ 31m) and there market cap is (4m)