WIF/USDT NeoWave Analysis (Daily, Range-Based Chart)ENA / TetherUSBINANCE:ENAUSDTmvjalili ๐ WIF/USDT NeoWave Analysis (Daily, Range-Based Chart) Based on a range-based (constant range bar) chart, this analysis follows Glenn Neelyโs NeoWave principles for identifying complex corrective and impulsive structures: ๐ Wave Count Summary: 1. Initial Impulsive Wave (Wave A?) Strong bullish movement with high volume around MarchโMay. Likely the start of a terminal pattern (e.g., Leading Diagonal or Expanding Triangle). 2. Prolonged Correction (Wave B?) Large, noisy sideways correction through the summer. Structure appears to be a complex correction (possibly WXY or WXYXZ). 3. Second Sharp Rally (Wave C or E?) Intense bullish move in November, but quickly reversed. Could be Wave C of a Flat or Wave E of an Expanding Triangle. 4. Final Drop (Wave C of Higher Degree) Strong decline into February 2025, likely completing the entire corrective pattern. Appears impulsive, suggesting a terminal wave. 5. Current Phase โ Base Building Price consolidating near historical support (~$0.65โ$0.85). Potential beginning of a new bullish cycle (Wave 1 or A forming). ๐ Key Levels: Support Zone: $0.50โ$0.65 Resistance Zone: $1.10โ$1.30 Breakout above resistance with strong volume may confirm the start of a major bullish wave (Wave 3 or C). ๐ Bias: Accumulation and base-building phase with bullish breakout potential if resistance