2H Chart - Price Key Points:
- Bullish breakout at approx $7365.
- Within neutral range x 18HRs.
- Above 20MA, 50MA and 100MA.
- Momentum stable.
- Indicators signal a bit more consolidation.
Possible Scenarios:
Long: On a confirmed break above $7613 – Price Target $7730 | Probability: 35% | Signal Strength: 3/5
Neutral: Price Range $7509 - $7613
Short: On a confirmed break below $7509 – Price Target $7398 | Probability: 33% | Signal Strength: 2/5
Our Stance: Tight longs still in place.