4H Chart - Price Key Points:
- 200MA providing adequate support.
- Double temp bottom at approx $6813.
- Formation resembles to a possible bull flag.
- Consolidation for the past 20HRS.
- Indicators steady.
- Buying volume evident.
- Momentum balanced (equal projection in both ways).
Possible Scenarios (adjusted) :
Long: On a confirmed break above $7051 – Price Target $7223 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $6928 - $7051
Short: On a confirmed break below $6928 – Price Target $6752 | Probability: 37% | Signal Strength: 4/5
Our Stance: Speculative long.