A 52-week range of $0.73 to $8.00 is a big spread for a $2.12M market cap name, and RIME is currently trading around $0.7774. That kind of compression near the low end is often where the risk/reward gets interesting, even without a headline catalyst.
What I keep coming back to is fundamentals: revenue growth was reported at 1273.2% (per latest filing/ER), which is not something you see every day in a microcap. On the tape, volume is about 2.2M shares, roughly 0.7x average, which can mean the market is quiet while positioning happens.
Technically, RIME is still below the 50MA ($1.45) and 200MA ($2.17). If it can reclaim even the 50MA, that is a pretty clear reference level for a swing setup.
Not financial advice. Anyone else tracking RIME here, or waiting for a specific confirmation level?