Spotify has already come quite close to our turquoise Short Target Zone (coordinates: $725.67–$829.30). In our primary scenario, we continue to expect further upside in the near term, as the projected peak of wave B should materialize within this zone—a range that could present opportunities to lock in long-side gains or initiate short positions. Once the top is in place, we anticipate a more pronounced downward move. The focus then shifts to the magenta Target Zone (coordinates: $452.69–$390.93), which we consider a potential accumulation range for new long positions. That said, we’re also monitoring an alternative path, currently assigned a 36% probability. In that scenario, magenta wave alt.(5) would already be underway—meaning prices would bypass the magenta zone altogether.
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