MARKET UPDATE
- The price chart for WEARUSDT indicates an Elliott Wave ABC decline from March 2022 high to the September 2023 low.
- The recent price action shows a classic five-wave impulse, followed by a three-wave corrective move retracing 50% of the advance.
- With the recent price movement suggesting a potential low, a break above 0.0008570 could signal the resumption of the uptrend, leading to new highs in the coming weeks.
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- Trade cautiously, and don't forget to like and comment if you find this analysis helpful.
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- Stay tuned for more updates, trade safely, and may the market be in your favor.