๐จ๐ $PENGU Parabolic Breakout! Elliott Wave Setup on Pudgy Penguins ๐จ๐
โจ Elliott Wave Brief:$BTC
The chart shows a textbook Wave 1โ2โ3 sequence: after Wave 2โs corrective ABC retracement (down to ~$0.020), Wave 3 exploded higher. Weโre likely in the tail end of Wave 3, with the final thrust toward $0.045 (3.618 ext.) before a deeper Wave 4 consolidation. A corrective pullback to $0.030โ$0.032 (50โ61.8% Fib of Wave 3) would still keep the bullish structure intact.$ETH
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