$ZBT Deep Correction Unfolding – Wave 5 of (C) Targeting 0.0717!

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$ZBT Deep Correction Unfolding – Wave 5 of (C) Targeting 0.0717!ZBT / TetherUSBINANCE:ZBTUSDTSmartWedgeTraderZBTUSDT $ZBT Deep Correction Unfolding – Wave 5 of (C) Targeting 0.0717! 📉 Expected path for the cryptocurrency #ZBTUSDT on the 4-hour timeframe Anticipated final leg lower 📉 🧐 The larger corrective structure remains in play, with price currently developing wave 5 within wave (C) of a complex W-X-Y zigzag. After a sharp impulsive wave 3 lower and a partial wave 4 bounce forming a W-X pattern, we are now witnessing the early stages of the final sub-waves inside wave 5. 📉 This terminal wave is likely extending toward the 1.618 extension of wave (W), converging around the 0.618–0.618 Fibonacci confluence near 0.0717–0.0704. The internal structure shows a potential (a)-(b)-(c) decline, with wave (b) possibly forming a brief sideways correction before the last impulsive drop in wave (c). 💡 Key observations: - Price has already broken below the wave 4 low and is respecting the lower channel boundary. - A deeper extension could test the 0.07003–0.0717 demand zone, which aligns with the 0.618 retracement of the entire prior decline from the February highs. 🎯 Once wave 5 completes near the projected target, exhaustion is expected and a strong multi-wave recovery (likely wave (1) or (A) of a new bullish cycle) could begin, targeting initial retracement levels around 0.085–0.089. ⚠️ Monitor closely for signs of reversal divergence or bullish engulfing patterns near 0.0717. A break below 0.069 would suggest an even deeper correction is underway. #ZBT #ZBTUSDT #Crypto #ElliottWave #BearishCorrection #SmartWedgeTrader #TradingView #WaveAnalysis #AltcoinSeason #CryptoTrading #ToTheBottom