FETUSDT has entered its second wave cycle following the completion of the initial impulsive structure. The corrective pullback aligns with a key liquidity zone, making it a prime area for strategic accumulation. The immediate buyback zone serves as a critical re-accumulation level, historically acting as a strong demand region. If price maintains structural integrity within this range, we anticipate the next impulsive leg to follow, targeting key Fibonacci extensions. The current wave structure suggests a potential Elliott Wave continuation, with bullish momentum expected to resume upon confirmation of trend reversal. Trade with precision and risk management in mind.
Trade active
Anticipating a potential cup and handle formation with price testing out important demand area.Note
Focus more on the immediate demand zone provided for re-accumulation opportunity.
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Forex zone: t.me/+piiPgrNtrulkNDk0
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📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.