2H Chart - Price Key Points:
- Bullish breakout at approx $7647.
- Current bullish flag more narrow.
- In consolidation mode for the past 14HRs.
- 200MA provides resistance for the past 16HRs.
- Momentum balanced.
- Possibilities of more sideways movement.
Possible Scenarios (adjusted) :
Long: On a confirmed break above $7763 – Price Target $7886| Probability: 38% | Signal Strength: 4/5
Neutral: Price Range $7686 - $7763
Short: On a confirmed break below $7686 – Price Target $7561 | Probability: 36% | Signal Strength: 3/5
Our Stance: Neutral.