I think today is an anomaly because of the snow. Whoever(MMs) thought they could take this down when the market opened, but looks like they may be in for a surprise. We're 2 hours in the day and volume is over 1M. We could still see a 3M+ day today which would not nice.

Now if the price just rises along with the volume.

It's not a bad thing though because it's strengthening the base for the next leg up. Even a close of $1.45 would be a good thing. IMO