🚨 $SPY : Is a correction coming after this massive pump?
$SPY has just made a strong bullish move. But the big question is whether buyers still have enough strength to push the rally further. 📈
Two scenarios are worth watching:
🐂 Bullish scenario: momentum continues and price moves toward the $780 zone.
🐻 Bearish scenario: buyers lose momentum, profit-taking kicks in, and a SHORT opportunity emerges.
Personally, I’d rather wait for confirmation before entering a trade. A strong rally alone is not a reason to short.
🎯 Is $780 the next target, or is a correction approaching?
💬 Are you BULL or BEAR on $SPY?
#Trading #BinanceSquareTalks #bullish #bearish
$SPY has just made a strong bullish move. But the big question is whether buyers still have enough strength to push the rally further. 📈
Two scenarios are worth watching:
🐂 Bullish scenario: momentum continues and price moves toward the $780 zone.
🐻 Bearish scenario: buyers lose momentum, profit-taking kicks in, and a SHORT opportunity emerges.
Personally, I’d rather wait for confirmation before entering a trade. A strong rally alone is not a reason to short.
🎯 Is $780 the next target, or is a correction approaching?
💬 Are you BULL or BEAR on $SPY?
#Trading #BinanceSquareTalks #bullish #bearish
