$SBET monthly is trying to print Three White Soldiers. 📈📈📈 4 more trading days left in September, and if the price can stay above $8.3, it will end in the green. Higher low is in place, the downsloping trendline is broken, and the prior lower high recaptured. That looks like the start of monthly wave C — and this is probably only the first leg. 🎯First target: $53 (0.618). If C reaches equality with A, wave 5 of C maps toward $246. That path needs ethereum:native to rip really high. I practice one wave at a time here, as price is walking into resistance. 🛑Invalidation: $4.45. $SBET is a leveraged ETH treasury company that still trades under NAV. Wave A was a ballistic move, but this setup is not that setup. Now $SBET already holds ~869k ETH (~$2.33B NAV), trades ~0.88x mNAV, and is climbing off a higher low. This setup needs a strong ETH trend + mNAV expanding back through 1x. If ETH tags a new ATH near $5k, the pile is ~$4.3B before any premium. Re-rate that toward 1.2–1.5x and you are in the $20–$30 zone without any extra hype. Chart does the talking. ETH decides the magnitude. What's your take?👇 #SBET #ETH #Ethereum #ElliottWave #CryptoStocks ethereum:native