Neutral/Negative Catalysts
- Dominant trend is still bearish (moving averages stacked negatively), increasing odds that rebounds fade.
- No recent news in the past week: lack of catalysts can limit upside follow-through.
- Very small market cap (~$3.44M) can amplify downside moves and dilute predictability.
- Options market shows zero OI/volume, implying low derivatives participation and weak sentiment signal.
- Price is below pivot (1.942); failure to reclaim it keeps the setup technically weak.