Thoughts on the recent action in ZAPP

It's been a rough session for ZAPP, seeing a significant dip down to the 0.15 range. Looking at the charts, it seems we've decisively broken below what I saw as a pretty key support level around 0.20-0.22 that held up for a bit. The volume today is certainly concerning, suggesting conviction behind this move.

From a technical perspective, if we can't reclaim that 0.20 level relatively quickly, the path of least resistance looks to be lower. The next potential area of interest for some kind of support, purely based on historical price action, might be down towards the 0.12-0.13 zone, though that's purely speculative given the current momentum. The immediate risk to this bearish outlook would be an unexpected strong bounce back above 0.20 on significant volume, which would suggest this breakdown was a shakeout rather than a decisive shift.