2H Chart - Price Key Points:
- Consolidated for approx 22HRs.
- Slight reversal at approx $7503.
- Temp support at approx $7333 (fair value).
- 50MA provides support.
- Momentum mixed.
- Volume balanced.
- Models hint to a possibility of another buying attempt.
Possible Scenarios:
Long: On a confirmed break above $7410 – Price Target $7666 | Probability: 42% | Signal Strength: 5/5
Neutral: Price Range $7282 - $7410
Short: On a confirmed break below $7282 – Price Target $7410 | Probability: 38% | Signal Strength: 4/5
Our Stance: Protecting long positions.