4H Chart - Price Key Points:
- Sharp rejection at approx $8260.
- Confident buyback at approx $7929.
- Moving averages stabilizing.
- MACD with a possible positive signal.
- Buying volume increasing.
- Pattern might develop to a pennant (unconfirmed).
Possible Scenarios (unchanged) :
Long: On a confirmed break above $8382 – Price Target $8649 | Probability: 36% | Signal Strength: 3/5
Neutral: Price Range $8382 - $8147
Short: On a confirmed break below $7147 – Price Target $7900 | Probability: 33% | Signal Strength: 2/5
Our Stance: Considering tight longs.