🚀 $SPY /USDT — Recovery Bounce in Progress
$SPY is showing early signs of a rebound after facing strong selling pressure near a key short-term support level. Buyers are starting to step in, indicating a possible short-term recovery.
📊 Trade Setup: Long
Entry Zone: 706.80 – 707.50
Stop Loss: 706.10
Targets:
TP1: 708.30
TP2: 709.40
TP3: 710.60
🧠 Market Insight:
Despite the recent sell-off, price action suggests demand is building around the 707 support zone. Holding above this level could open the door for a bounce back toward previous structure levels.
⚠️ Watch price reaction carefully and manage your risk.
👇 Trade smart on $SPY USDT
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