$CDL is currently trading around $0.0269, holding a modest +2.2% intraday gain. After a sharp upside wick near the $0.0272 zone, price faced rejection and pulled back, but structure remains stable above the short-term support area.
The 15-minute chart shows a higher low formation followed by a tight consolidation, suggesting buyers are still active despite the brief sell-off. The $0.0265 – $0.0267 region is acting as a key support zone and must hold to maintain bullish bias.
support holds, a push back toward $0.0273 and $0.0280 is possible. A clean break above resistance with volume can open continuation upside.
If support breaks, downside risk increases toward $0.0258, where demand previously stepped in.
Bias remains cautiously bullish while price stays above structure support.
Risk management is essential in this low-cap volatility environment.