4H Chart - Price Key Points:
- Bullish breakout from $6525 tested declining resistance.
- 200MA resistance still holds.
- Slight negative divergences on RSI and Stochastic RSI.
- Volume decreased.
- Momentum static.
- Extended consolidation expected.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6782 – Price Target $7169 | Probability: 39% | Signal Strength: 4/5
Neutral: Price Range $6525 - $6782
Short: On a confirmed break below $6525 – Price Target $6184 | Probability: 35% | Signal Strength: 3/5
Our Stance: Very cautious with longs.