2H Chart - Price Key Points:
- Double buying attempt at approx $6321 with a retest and follow at approx $6356.
- 50MA providing support at approx $6617.
- Above 20MA for the past 8HRs.
- Indicators point upwards.
- Momentum remains fairly balanced.
- Volume improving.
- Models hint to a possible retest of 100MA resistance.
Possible Scenarios:
Long: On a confirmed break above $6706 – Price Target $7024 | Probability: 40% | Signal Strength: 5/5
Neutral: Price Range $6553 - $6706
Short: On a confirmed break below $6553 – Price Target $6235 | Probability: 36% | Signal Strength: 3/5
Our Stance: Maintain long approach.