My target stands still around $7,500. As sub-waves formed, this target became more valid. I projected the wave 1 to the start point of wave 3 and targeted the end of wave 3 and 5 to fall into 100% and 162%. I did this for both the sub waves and bigger waves and the exact target came out to be $7,524. Also, the major trendline will supporting it nice well below so I definitely expect at least some decent bounce there.
If it does break, next support region would be around $7,200 and $6,000 after that.
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