$CORE has been recovering steadily from the lows around $0.025, grinding higher with a series of higher lows before pushing up to nearly $0.042 and pulling back to where it sits now at $0.03843, hovering above a support zone that has been holding price up.
The $0.032 – $0.033 area is the key level to watch. It stepped in after the latest rejection from the highs and is the floor that needs to hold for the uptrend structure built over the past week to remain intact.
Holding above $0.032 – $0.033 keeps the push toward $0.040 – $0.043 resistance overhead on the table. Losing that zone though puts price back in the middle of the recovery range and raises questions about whether the move has enough momentum left to challenge the highs again.
The trend from the lows has been one of the more consistent recoveries on this chart and the overall structure still looks constructive. Until $0.040 – $0.043 is cleared and held convincingly, any strength from current levels should be treated with some caution rather than assumed as a continuation.