4H Chart - Price Key Points:
- Bullish pennant formation confirmed.
- Nice bullish breakout at approx $6542.
- 20MA attempting to cross 200MA to the upside (bullish signal unconfirmed).
- Indicators positive.
- Volume balanced.
- Possibilities for another buying attempt increase.
Possible Scenarios (unchanged) :
Long: On a confirmed break above $6782 – Price Target $7169 | Probability: 39% | Signal Strength: 4/5
Neutral: Price Range $6525 - $6782
Short: On a confirmed break below $6525 – Price Target $6184 | Probability: 35% | Signal Strength: 3/5
Our Stance: Long.