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Technical Overview:

Wide "Strong Buy" Signals:

• Investing.com technical summary indicates Strong Buy on several timeframes: hourly, daily, weekly, and monthly; moving averages display unanimous "Buy" throughout short to long-term MAs, 6–12 indicators favoring.

• Bitget indicates a strong buy for 1-day timeframe: all 17 buy signals, none sell.

Oscillators & Momentum:

• RSI is around 56 – 57 reflecting mild strength (neutral to buy): neutral short-term, bullish longer-term.

• Stochastic and StochRSI read overbought (>90)—be cautious of short-term pullback.

• MACD, CCI, Williams %R all point to bullish momentum.

Price Consolidation Pattern:

Recent price has moved in a narrow range between about $659.5 (support) and $664.4 (resistance) in the last 24 hrs.

• Such consolidation, based on bullish trend support, tends to precede breakouts.

Divergence & Wave Structure:

• Short-term bullish divergence identified on 1‑hour chart (hidden divergence: higher lows in price but lower lows in RSI), supporting trend continuation.

• Elliott Wave analysis indicates completion of a corrective Wave② around the 50–61.8% Fibonacci area, suggesting initiation of a bullish Wave③.

Summary Outlook:

• Short-Term (Hours–Days): Bullish, but overbought indicators signal a possible minor pullback or sideways action around $664–665 resistance.

• Mid-Term (Weeks): Trend structure and technical indicators are strong—most likely continuation towards $680+, possibly testing highs at $700 in protracted moves.

• Risks: A sudden fall below near-term support (≈$659–650) may momentarily halt momentum or cause more retracement, although MAs provide cushioning.

Suggested Strategy:

• Traders: Look to buy minor dips towards the $659 support area, with a target to break higher above $664–665 using tight stop-loss just below $659.

• Long-Term Holders: Technical context favors holding—aiming for $680–700+ levels in the weeks ahead.