Wave 4 correction targets 0.618 Fibonacci retracement for support. RSI shows neutral momentum, aligning with consolidation.

The target levels are derived from the 1.618 Fibonacci extension of subwaves i through iii in the Elliott Wave ... Wave 3 is typically the longest and most powerful phase of the cycle, while Wave 4 ...

while corrective subwaves (a)-(b)-(c) indicate potential retracement zones to monitor during Wave (iv). Wave (iii) already breached key Fibonacci extensions, including 1.0 at $4.85, confirming ...