I spoke quite a bit about how .0018 was a key battle line being fought over on $PWDY ever since the June 11th breakdown was triggered. I believe the recent push back above that level with some decent volume is the bulls finally taking control and meaning it. L2s have shown some decent evidence of that being the case in recent days and just now saw a bullish uptick.

Price has been consolidating nicely and quietly above .0018 as well as the 15 and 50 day MAs. Next up looks to be some resistance in the .0026 - .0029 range, so the next trigger would be breaking through that with a spike in volume.