4H Chart - Price Key Points:
- Firm bullish breakout at approx $6778.
- Minor continuation at approx $7310.
- Wide neutral range.
- RSI in overbought territory.
- MACD and Stochastic RSI, positive.
- Strong volume at breakout.
- Temp pause expected.
Possible Scenarios:
Long: On a confirmed break above $7609 – Price Target $7888 | Probability: 33% | Signal Strength: 2/5
Neutral: Price Range $7354 - $7609
Short: On a confirmed break below $7354 – Price Target $7048 | Probability: 37% | Signal Strength: 3/5
Our Stance: Neutral.