SNG: Wave ((4)) Correction Within a Bullish StructureSocietatea Nationala de Gaze Naturale Romgaz S.A.BVB_DLY:SNGzylvyu66SNG: Wave ((4)) Correction Within a Bullish Structure After completing a strong impulsive advance into ((3)), SNG appears to be developing a controlled Elliott wave ((4)) pullback toward a major confluence support zone near 13.45. The correction is currently aligned with: channel axis support MA30 dynamic support prior breakout area RSI continues to cool from overbought territory and may retest the 40 area, supporting the scenario of a momentum reset rather than a trend reversal. Volume behavior remains constructive: declining participation during the pullback no clear capitulation or aggressive distribution yet As long as support holds, the preferred scenario remains: → wave ((4)) completion near current levels → resumption of the uptrend toward the 15.8–16 resistance zone in wave (5). A high-volume breakdown below support would invalidate the short-term bullish structure and increase the probability of a deeper retracement toward MA50.