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📊 DOT/USDT 4H TIMEFRAME - ELLIOTT WAVE ANALYSIS

This analysis focuses on the current wave structure and potential future movements of DOT/USDT, utilizing Elliott Wave Theory and Fibonacci targets to predict market behavior.

⚡️ CURRENT WAVE STRUCTURE

The market is currently developing an impulsive wave sequence within an ascending channel. This pattern reflects bullish momentum, with higher highs and higher lows forming consistently.

KEY LEVELS

Fibonacci Target: 100% – This is the projected target for the ongoing wave structure.

Invalidation Level: 7.5561 – A breakdown below this level invalidates the current bullish wave sequence.

WAVE SEQUENCE

The current wave sequence is unfolding as follows:

1. Wave (b): The channel bottom has been confirmed, providing a strong support base.

2. Waves i, ii: The foundational waves are complete, setting up the structure for further momentum.

3. Wave iii: This wave exhibited strong bullish momentum, driving the price higher.

4. Wave iv: The market is currently in this correction phase.

5. Wave (c): A bullish target is anticipated following the completion of Wave iv.

CURRENT PHASE

The market is in the Wave iv correction phase, which is consolidating near the channel support levels. A bounce from these levels is expected to confirm the continuation of the bullish trend.

NEXT EXPECTATION

Once Wave iv completes, a strong bullish movement toward the 100% Fibonacci target is anticipated. This upward move will likely mark the development of Wave (c), aligning with the overall impulsive wave structure.

⚠️ IMPORTANT NOTICE

Use proper risk management strategies to mitigate potential losses.

The market can change rapidly, and invalidation levels should be closely monitored.

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