$PI $PI Wishing everyone a Happy New Year and success in the Year of the Horse! The current market is still mainly consolidating, and the actual trend after the consolidation has already told us what to expect. The trend remains relatively strong; after the consolidation, the next target is $0.25. The pullback after the last big bullish candle on the daily chart hasn't dropped much, and it's been about 3 days now. If it were to go down further, it would have done so already. As for the wave pattern, we need to wait until the previous wave completes to confirm the next wave. Currently, on the 1-hour chart, the upward wave 5 is in progress, and the correction in wave 4 hasn't dropped out of the wave 5 rally, indicating it's not a failed wave pattern. I also looked at the 2-hour wave pattern: wave 1 on the 2-hour chart is from around 0.132 to 0.206, roughly 50% retracement. Now, the 2-hour chart is in the tail end of wave 2. If wave 3 moves upward next, the target is at least around $0.25. Be patient and keep moving forward!