Today’s +22% bounce is encouraging but it means nothing yet. Here’s the honest assessment:
✅ RSI is oversold — bounce conditions exist
✅ Volume is still high — interest remains
✅ Held above the $0.05 floor so far
❌ Price is 89% below ATH
❌ All EMAs pointing sharply down
❌ No EMA reclaimed yet
❌ Pattern looks like a classic post-ATH distribution crash
❌ CPI data releasing today