MILE bouncing from all time low

Remember the pay-per-mile auto insurance company Metromile and how it went up after the SPAC merger, to 20usd?

This month MILE had the all time low, $0.85. What a drop!

But for few days it showed a little bit of strength and in a best case scenario it can touch the $3.10 resistance.

Looking forward to read your opinion about it.