#SPX $SPX 🚀

#SPX



1. Price Trend Analysis

The price of SPXUSDT is showing a clear uptrend as indicated by the higher highs and higher lows in the candlestick charts.

The Moving Averages (MA):

MA(7) is above MA(25) and MA(99), signaling a strong bullish momentum.

The 15-minute chart shows consistent upward movement, indicating short-term bullish sentiment.

2. Entry Points for Long and Short

Long Entry:

Look for a retracement to key support levels, such as MA(25) or MA(99):

Support Zones: Around 1.49 or 1.51.

Short Entry:

Shorting is riskier in this scenario due to the ongoing bullish momentum. However:

Short Zones: Look for rejection at the resistance level near 1.57 or 1.58.

5. Risk Management

Stop Loss:

For longs: Place a stop-loss below 1.49 (previous support).

For shorts: Place a stop-loss above 1.58 (recent resistance).

Take Profit:

For longs: Target 1.57 or higher.

For shorts: Target 1.50 or lower.

Binance Red Packet Code

BPSRIM2H01