🎯 $CAT The Blue Box Buying Area Is Coming Into Focus
Caterpillar continues to unfold a 7-swing W-X-Y correction after completing its five-wave advance from the April 2025 low. Price is moving closer to the key 640.56–458.44 Blue Box.
🚀 Key conclusion: this zone remains the main area where the correction can mature and buyers may begin to appear. The larger bullish structure stays intact above 267.30.
👀 Why it matters: instead of chasing the decline, attention is shifting toward the potential reversal zone. A reaction from the Blue Box could produce at least a 3-wave bounce and potentially begin the next major bullish cycle.
Caterpillar continues to unfold a 7-swing W-X-Y correction after completing its five-wave advance from the April 2025 low. Price is moving closer to the key 640.56–458.44 Blue Box.
🚀 Key conclusion: this zone remains the main area where the correction can mature and buyers may begin to appear. The larger bullish structure stays intact above 267.30.
👀 Why it matters: instead of chasing the decline, attention is shifting toward the potential reversal zone. A reaction from the Blue Box could produce at least a 3-wave bounce and potentially begin the next major bullish cycle.