4H Chart - Price Key Points:
- Within estimated range for the past 96HRs.
- 20MA bollinger bands on a very narrow channel.
- 50MA, 100MA and 200MA shifting upwards.
- Indicators stabilizing.
- Volume low.
- More consolidation expected.
Possible Scenarios (unchanged) :
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.