🆕 NEW LISTING ALERT
Is $UVXY setting up for a bounce?
Major shift on $UVXY : the downtrend appears to be ending
Here's what the data shows:
• Price: $25.6900 (24H range: $25.3800–$26.3400)
• RSI(14): 39.8 — Near Oversold
• EMA20: $25.8571 | EMA50: $26.3815 ⚠️ Below EMA50
• Volume: $650.7K
📈 If yes, here's the plan:
Entry zone: $25.6129 – $25.7671
Stop loss: $25.2531
Targets: $26.5380 → $27.3090 → $28.3369
This is the kind of setup that precedes sharp short-covering rallies.
Risk/reward here is compelling: tight stop, multiple R target.
Entry, stop, target. Stick to the plan.
$UVXY
Is $UVXY setting up for a bounce?
Major shift on $UVXY : the downtrend appears to be ending
Here's what the data shows:
• Price: $25.6900 (24H range: $25.3800–$26.3400)
• RSI(14): 39.8 — Near Oversold
• EMA20: $25.8571 | EMA50: $26.3815 ⚠️ Below EMA50
• Volume: $650.7K
📈 If yes, here's the plan:
Entry zone: $25.6129 – $25.7671
Stop loss: $25.2531
Targets: $26.5380 → $27.3090 → $28.3369
This is the kind of setup that precedes sharp short-covering rallies.
Risk/reward here is compelling: tight stop, multiple R target.
Entry, stop, target. Stick to the plan.
$UVXY
