The corrective wave may end here, but caution is required on the daily frame if the price rebounds from OB + reversal signals.

Enter a buy position targeting the rising wave. Confirmation on 1h or 4h or 15-minute frames.

Weak rise followed by breaking OB.

Enter a sell position targeting a new descending wave.

This means the price may rise slightly and then drop strongly from OB.

Take advantage of the rising or descending waves that will come after this scenario.

Another possible scenario is that the price enters a consolidation phase and rises strongly, and we see higher prices than before, which is currently unlikely due to the crossover of SMA and RSI on the daily frame after a strong saturation that warns of a strong drop ahead.