$42 just went through a brutal shakeout.

Price is sitting around 0.00194 after dropping nearly 29 percent. That is not a small move. This is the kind of candle that scares everyone out.

If you zoom out on the daily chart, the story is clear. It was trading near 0.049 before the heavy sell pressure started. Lower highs, steady bleed, and then a massive breakdown. The final flush touched around 0.000167. That was pure capitulation.

Now look at the reaction.

After the crash, price went quiet. Small candles. Tight range. That usually means sellers are getting exhausted. Then suddenly, a strong spike upward. That long green wick shows there is still demand hiding below.

Market cap is only around 287K. Liquidity is thin near 39K. Holders are about 1,875. This is a small cap battlefield. Moves will be violent both ways.

Right now 0.0016 to 0.0017 is the survival zone. If it holds above that base and builds structure, we could see a slow recovery toward 0.003 and then 0.008 area. But if that base breaks again, it can drift lower with very little support.

This is not a calm chart. This is a war zone chart.

Big crash. Panic selling. Sudden bounce.

Now the real question is simple. Was that the final shakeout… or just the first round.