$AI The current structure continues to favor the yellow count, with the recent rally appearing incomplete from an Elliott Wave perspective. Although the market has retraced from its most recent high, it lacks the additional upward extension required to complete a clear five-wave structure. Primary Scenario: The preferred yellow scenario assumes that the recent pullback is part of an ongoing corrective wave (4) within a larger developing uptrend. Under this interpretation, another higher high remains likely to complete a five-wave upward movement. The orange support zone between approximately $9.33 and $10.57 remains the key level to monitor. As long as this support zone holds, the bullish alternative remains intact, and further upward extension is still possible. Risk Scenario: A sustained break below the orange support zone would significantly weaken the bullish interpretation and increase the likelihood that the recent high has already completed the upward move. In this case, the market could transition into a larger corrective structure before another significant rally develops. Key Support Levels: $10.57 / $9.93 / $9.33 Key Resistance Levels: $12.41 / $13.93 Conclusion: The yellow scenario remains preferred, as the current structure still appears to require another higher high to complete a clear five-wave uptrend. The highlighted orange support zone is now the critical area. As long as support holds, the bullish alternative remains viable and further upward extension is still possible. A break below support would weaken this interpretation and shift focus toward a larger corrective outlook.

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