Growth is possible.
On the daily chart, the first wave of the higher level (1) ended, and a downward correction forms as the second wave (2), within which the wave А of (2) developed. Now, the upward wave B of (2) is developing, within which the wave c of B is forming. If the assumption is correct, the asset will grow to the area of 51.00–53.25. In this scenario, critical stop loss level is 43.95.