$SPX is up +14.9% and breaking out of a long-term accumulation range. After bottoming at $0.266, price formed a series of higher lows before exploding toward $0.50, confirming strong bullish momentum.
📈 Pattern: Ascending Base Breakout + Momentum Expansion
🎯 Entry: $0.43 - $0.45
🎯 TP1: $0.50
🎯 TP2: $0.60
🎯 TP3: $0.75
🛑 SL: $0.39
Volume expansion and strong price acceptance above the previous range suggest buyers remain in control. Holding above $0.43 keeps the bullish structure intact, while a breakout above $0.50 could trigger the next impulsive move higher.
Is SPX preparing for another leg up after this explosive breakout? 👀🔥
Trade #SPX here
SPX
Alpha
0.42956
-4.40%