2H Chart - Price Key Points:
- Average resistance at approx $7714.
- 20MA crossed 50MA, 100MA and 200MA to the upside (confirmed).
- Indicators signalling a temp weakness.
- Participation low.
- Models suggest that momentum might still favor the upside.
Possible Scenarios (adjusted) :
Long: On a confirmed break above $7746 – Price Target $7852 | Probability: 32% | Signal Strength: 2/5
Neutral: Price Range $7626 - $7746
Short: On a confirmed break below $7626 – Price Target $7520 | Probability: 30% | Signal Strength: 2/5
Our Stance: Protecting long positions.