Wave 5 targets Fibonacci levels at $7.56, $8.12, and $8.83. Strong support lies between $5.08 and $4.71 retracements. RSI is in overbought territory, signaling potential ...

The parabolic structure raises caution for possible sharp corrections. The daily BGB chart highlights a parabolic price movement defined by an Elliott Wave structure from Waves 1 through 5.