2H Chart - Price Key Points:
- Minor weakness with a breakdown at approx $8348.
- Soft bearish continuation from $8097.
- With each move down, overall volume almost disappeared.
- Under 20MA for the past 18HRs.
- Under 50MA for the past 10HRs.
- Still above 100MA and 200MA.
- Models hint that another possible attempt upwards.
Possible Scenarios (adjusted) :
Long: On a confirmed break above $8153 – Price Target $8418 | Probability: 37% | Signal Strength: 4/5
Neutral: Price Range $7926 - $8153
Short: On a confirmed break below $7926 – Price Target $7694 | Probability: 32% | Signal Strength: 2/5
Our Stance: Protected longs. Might add if any upside attempt proves strong.