Great analysis. I agree that the move from $0.25 to the $0.07 area looks more like a healthy correction than a true trend reversal. The fact that price respected the Fibonacci support while the broader market remains stable is an important signal.
I also like your point about RSI — a potential break of the descending trendline there often acts as an early confirmation before price reacts. Seeing MACD and Fisher attempting to turn upward at the same time adds strong confluence.
If LEO can hold above this Fibonacci level and volume starts to increase, a short- to mid-term bullish continuation would make a lot of sense. Definitely an interesting zone to accumulate patiently.
RE: LEO Price Supported by Fibonacci Level