aradel whats next

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aradel whats nextAradel Holdings PlcNSENG:ARADELsimismohsThe recent pullback in Aradel has made many investors nervous, but from my perspective, this is still behaving like a healthy correction within a larger bullish trend. After such a powerful rally, it is normal for the market to pause and shake out weak hands before attempting the next major advance. What am I watching? ✅ The ₦1,185–₦1,350 support zone is my primary area of interest. ✅ This area aligns with the 50%–61.8% Fibonacci retracement, which often serves as a strong institutional accumulation zone. ✅ I want to see selling pressure gradually weaken as price approaches this support. ✅ Strong bullish weekly candles accompanied by increasing volume would suggest buyers are returning. ✅ A break above the previous swing high around ₦2,025 would strengthen the case that the next impulsive wave has begun. If these conditions are met, I believe Aradel has the potential to move into Wave (3), followed by a normal Wave (4) correction before targeting significantly higher prices in Wave (5).