Looking at this $WARD chart right now, things aren't looking great. Price is sitting at $0.0955 after getting absolutely smacked down 24% from yesterday's high of $0.129. That 0.0936 support level is barely holding by a thread.
What I'm seeing: Price keeps making lower highs since that peak and we're trading below all the major moving averages. MA7 at 0.0964, MA25 at 0.098. The descending triangle I mentioned earlier? Yeah, we basically broke it. The bounce off 0.0936 looks weak so far.
My take: If 0.0936 gives way, next stop is probably 0.09 flat, then 0.085. I wouldn't be buying this dip yet. The volume isn't convincing and the 24 hour transaction count is huge at 563k which tells me a lot of people are rushing for the exit. The whole "WARD to $0.14" call from yesterday already aged like milk.
Plan: I'm staying short unless I see a clean reclaim above 0.098. Even then, 0.112 is miles away. This needs time to find a real bottom.