I've been watching this like a hawk and have lightened my position recently.
Because the charts are showing that there is selling pressure... previously any volume of buying and this would spike to 3c
The recent buying volumes have seen this struggle to even hold 2.4c
My guess is this selling pressure is from the most recent placement because before that there was no selling pressure at all.
Buyers are also smart now... they see selling pressure and hold off buying at higher prices..
Imo might test the 1.5 - 1.8c soon
Where I will be waiting