It's called consolidation. It's necessary for the chart to cool down and prepare (coil the spring, so to say) for the next leg up.

The chart would still allow a move to >5 USD after cooling down.

As 5 USD is a significant threshold and beyond that we wouldn't be a "Penny"stock anymore, it would open POET up for many new investors.

This means, a run even well past 5 is possible. Remember what LWLG did when they where out of Pennystock territory and additionally FOMO and positivity kicked in?

Not impossible here too, IMO. I assume it's only a matter of when, not if, that we will be closer to a 1 billion market cap, than we are now to a 200 million MC.