2H Chart - Price Key Points:
- Strong rejection at approx $6718.
- Waterfall continuation at approx $6658, $6513, $6361, $6201.
- All MA support levels broken.
- High volume activity on both sides.
- RSI and Stochastic RSI paint positive divergences.
- MACD signals to a temp bottoming process.
- Models hint to a possible buying attempt.
Possible Scenarios:
Long: On a confirmed break above $6124 – Price Target $6330 | Probability: 36% | Signal Strength: 3/5
Neutral: Price Range $5970 - $6124
Short: On a confirmed break below $5970 – Price Target $5761 | Probability: 37% | Signal Strength: 4/5
Our Stance: Highly speculative longs.