MVIS ready to go?

Technical Analysis of MVIS (MicroVision, Inc.)
Key Observations:
Falling Wedge Pattern:

The chart shows MVIS trading within a long-term falling wedge, which is generally a bullish reversal pattern if broken to the upside.
The stock attempted to break out recently but is currently testing key levels.
Resistance Turned Support (~$1.35 - $1.40):

The yellow highlighted area represents a previous resistance zone that has now turned into support.
MVIS has tested this level multiple times, which strengthens its importance.
Short-Term Price Action:

The recent breakout above the descending resistance line failed to hold, leading to a retest of the support zone.
Holding this level could confirm a higher low, indicating potential accumulation before another breakout attempt.
EMA Clouds:

The stock is currently trading near key moving averages, with some rejection at the upper EMA bands.
A clean move above these EMAs could trigger further upside.
Breakout Confirmation Levels:

Bullish Case: If MVIS holds the $1.35 - $1.40 support, a retest of $1.60 and beyond is likely.
Bearish Case: Losing this support could send MVIS back into the wedge and test lower trendline support.
Conclusion & Trade Setup:
If support holds, this could be an early trend reversal signal within the wedge.
A confirmed breakout above the upper trendline could push the stock toward $1.75 - $2.00 resistance levels.
However, if the support at $1.35 fails, downside risk increases toward $1.10 - $1.00 levels.