Longs and shorts need confirmation from the closing price; don't take intraday wicks at face value.
Take this as an example: PONS's market cap rebounded above $290 million, up over 23% in 24 hours.
Later, I'll compare trading volume with its usual levels to see whether anything has really changed.
$PONS Current price: 0.296 (24h +23.69%).

#PONS