Chart (1h):

A pump from $0.01689 to $0.03444 - more than +100%.

This was followed by a strong reset wave, after which the price stabilized in the range of $0.027-0.028.

The last candle was green, but short and did not break the local high.

3. What is happening:

The price is hovering in the uncertainty zone.

The volume has decreased significantly.

There is a struggle for structure: either it's an accumulation before a new drop, or the market is trying to roll back to $0.03000.

4. Scenarios:

SHORT will hold if:

The price does not break $0.0286 (your SL can be kept there or slightly higher).

The probability of a breakdown will increase if there is a candle with a body below $0.02720.

Risk:

If there are three green candles in a row and the $0.0286 zone is broken, a reversal and new momentum are likely.

Recommendation:

Hold the position. This is a neutral zone, and it's important not to act on emotion.

Discipline decides, not the result on each candle.

The next hour will show the direction.