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Price keeps hugging the 1.75–2.05 band, volume is steady, and the bodies are getting smaller. That is classic compression after absorption, not panic. Dips into the base are finding bids, MACD is flattening with a slight curl, and the structure reads distribution-to-accumulation-to-ready. If you trade Wyckoff, this is the Phase D look: support tested, supply absorbed, coil tightens. The trigger is simple: a decisive push through 2.10 on real volume, then a quick retest that holds. That opens the travel lane to 2.40–2.60 where you have prior supply. Float is tight, borrow is not cheap, so once range expansion starts it tends to move faster than expected. Risk box matters. A daily close below 1.75 or repeated VWAP rejections after the breakout attempt says the base needs more time. Until then, treat 1.75–2.05 as a loading zone, not a warning sign. Not financial advice. submitted by /u/GreyVessel to r/pennystocks |