$SPX — BULLISH BREAKOUT IN PLAY, NEXT LEG HIGHER IMMINENT
$SPX is showing strong bullish momentum after bouncing off the MA99 support at $0.5231 and holding above key short-term averages. The recent recovery suggests a potential continuation toward $0.553–$0.555. Buyers are in control, and consolidation near $0.530–$0.537 offers a clean setup for aggressive entries.
📈 TRADE SETUP (BULLISH)
Entry Zone:
$0.530 – $0.537 (near short-term MA support)
Take Profits:
TP1: $0.545
TP2: $0.552
TP3: $0.555 (recent high)
Stop Loss:
$0.523 (below MA99 support)
🔍 MARKET OUTLOOK
Trend: Bullish, recovering from key support levels
Momentum: Strong, with buyers pushing higher
Key Support: $0.530 → $0.523
Key Resistance: $0.545 → $0.555
Holding above $0.523 keeps the bullish thesis intact; a break above $0.545 could accelerate the move to retest all-time highs.
#SPX #CryptoTrading #BullishMomentum #AltcoinTA #PriceAction
