The rising wedge as we outlined last week has managed to play out and price currently appears to be finding support above the 37 cent level. The ema's are still in bullish mode here and are also providing support as we would like to see. The rsi is still below the 50 level but is creeping up with a falling ema above it. Both are around the 50 level so maybe we can see some action here but for that we will zoom in a little further.

Daily Chart: https://www.tradingview.com/x/obolTenF/

As most readers know I am not a pattern trader but wanted to share this one. What we are seeing here is an Inverted Head & Shoulder (IHS). The neckline to me is the breaker level that needs to flip to go long to the next resistance level around 50 cents. The ema's are still bearish but on a flip, the ema200 will most likely start to serve as support and a bullish crosover may be possible again. The rsi is already nicely above the ema and 50 level and is quietly rising.

4h chart: https://www.tradingview.com/x/LX7dTQV4/

Here we see the rising wedge from last week which played with a maximum drop of 20%. We see here the ema's also still in bear position but the strength is decreasing. The ema200 is also near the breaker and neckline of the IHS at this timeframe. The rsi is also nicely bullish.

1h chart: https://www.tradingview.com/x/n9CbzoA6/

Conclusion:
So I do expect a rise today towards the next resistance level around 50 cents. The next resistance level is around 57 cents. Major support is still at 37 cents but locally I would like to see it stay above 41 cents.