iota:native printed a weekly bullish divergence after its RSI went into the most oversold level of the whole chart. It is now down 150x from its all-time-highs, and looking up, there are quite a few FVG’s above that IOTA still hasn’t backtested yet. Looking at the Wave count, IOTA has been in a Macro WXY. It made an ABC in the first Wave W in 2020, and started its Wave Y ABC from April 2021 to now. These recent lows were to be expected, as Waves Y can not be truncated, so they have to make a new low. IOTA’s Wave Y dropped below Wave W in March 2026, and with it provided the basic condition for a completed WXY. Wave Y also came close to reaching a 1.0 fib extension - a common target. What I would like to see from here is a break of the circled local channel resistance, starting a new uptrend in a 5-wave impulse, and reclaiming the 1W 50 EMA with higher highs - first being above $0.0718. Where can IOTA pump to this bull run?