4H Chart - Price Key Points:
- Double rejection at approx $6733.
- 50MA near crossing 100MA to the upside (unconfirmed)
- RSI and MACD positive.
- Stochastic RSI attempting to find a bottom.
- Selling volume high on the rejection point.
- A retest of the temp highs near $6900 might be possible.
Possible Scenarios:
Long: On a confirmed break above $6730 – Price Target $6963 | Probability: 36% | Signal Strength: 3/5
Neutral: Price Range $6522 - $6730
Short: On a confirmed break below $6522 – Price Target $6308 | Probability: 33% | Signal Strength: 2/5
Our Stance: Speculative long.