The price is in a correction and may grow.

On the daily chart, a downward correction of the higher level ended as the second wave (2), within which the wave C of (2) formed, and the third wave (3) started. Now, the first wave of the lower level 1 of (3) is developing, within which the wave iii of 1 has formed, and a local correction is developing as the wave iv of 1. If the assumption is correct, the asset will grow to the area of 51.10–56.10. In this scenario, critical stop loss level is 32.00.