#OMUSDT The market is currently unfolding within a Zigzag Correction (A-B-C) pattern, and we appear to be in Wave C the final leg of this structure. Wave A has already played out with a sharp downward move, followed by Wave B, which acted as a countertrend rally. Now, Wave C is in progress, forming the last phase of this corrective cycle.
Since this is a 5-3-5 Zigzag Correction, the third wave of Wave C has already developed, meaning the market is nearing a critical Demand Zone at 4.0283. This level is a strong support zone where a potential reversal could occur. If the price reacts positively from this area, it could mark the end of the correction and signal the beginning of a new bullish phase, starting Wave 1 of the next uptrend.
