The price is in a correction and may grow.
On the daily chart, the third wave of the higher level 3 formed, a downward correction ended as the fourth wave 4 and the fifth wave 5 started. Now, the first entry wave (1) of 5 is developing, within which the wave of the lower level 3 of (1) has formed, and a local correction is ending as the wave 4 of (1). If the assumption is correct, after the end of the correction, the asset will grow to the area of 295.50–316.00. In this scenario, critical stop loss level is 245.02.