4H Chart - Price Key Points:
- Buying attempt from approx $8002.
- Battling 20MA resistance.
- Momentum not convincing yet.
- Indicators paint minimal support.
- Buying volume low.
- Models hint that a final retest of recent lows might still be possible.
Possible Scenarios:
Long: On a confirmed break above $8308 – Price Target $8500 | Probability: 33% | Signal Strength: 2/5
Neutral: Price Range $8141 - $8308
Short: On a confirmed break below $8141 – Price Target $7916 | Probability: 39% | Signal Strength: 4/5
Our Stance: Still interested in shorts.