Vanryusdt uptrend to continueVanaryusdt's uptrend remains intact, with indications suggesting the completion of wave 3 and the initiation of a corrective wave leg 4 within the current Elliott Wave cycle since the current bullish continuation pattern failed and break down. We should anticipate a temporary pullback in price before a final rally to conclude the cycle.
Our plan involves buying from the designated zone highlighted on the chart, aligning with the target for the proposed wave 4 leg. The overall target remain same as shown on the chart.
Given Vanary's inherent volatility, it's imperative to exercise caution and implement risk management measures when trading this asset.
Insights and perspectives on this analysis are encouraged.