Rune: Rolling or Rune d

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Bullish Scenario:
Price Holds Above $4.945: If the price holds above this interim high and continues to follow the Elliott Wave structure, it may head toward the next Fibonacci extension target of $6.50 and beyond.

Bearish Scenario:
Price Breaks Below $4.945: If the price drops below the $4.945 support level, it would indicate a deeper correction or possible invalidation of the current bullish count.
Invalidation Below $4.565: If the price falls below $4.565, the current bullish wave count would be invalid.

In conclusion:

Bullish if price holds above $4.945, targeting $6.50 and higher.
Bearish if price drops below $4.565, indicating further downside potential.

Trade Safe.
Trade Clarity.