Based on my technical analysis, Because point (A) is lower than the previous low (April 25- 2024), likely considered wave A and followed by wave B and the final stage would be wave C around $370.
The only element that makes this opinion invalid seeing the new ATH, otherwise $370 seems down the road.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.