DEEP has a lot of key trendlines so I drew them out in two separate charts. In this chart DEEP has lost two key support levels, the yellow support line and the light blue support zone. Both of these support levels are around $0.062. I think DEEP is likely to form a rebound here, and I have the red resistance line as a key resistance level on the way up. The price will vary depending on when we reach it, but for now I would monitor for a rebound.

This second chart shows a triangle pattern forming for DEEP. The price has been trading sideways in the light blue zone, which is in the midrange of the triangle pattern. I think DEEP could have moved in either direction either towards the upper range of the white triangle or down to the lower end of the range. DEEP has lost support and dropped towards the lower end of the range around $0.052, and it is important for this support level to hold. I think a rebound back to the light blue zone is likely, but for now I would monitor $0.052 for that rebound first.

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