๐ $UVXY โ CAN THE BULLS PUSH TOWARD $18?
$UVXY is showing strong bullish momentum after a sharp move upward, trading around $17.45 in the chart shared.
๐ Key levels to watch:
- ๐ข Entry zone: $17.20โ$17.40
- ๐ฏ TP1: $17.60
- ๐ Next area to watch: $18.00
The momentum looks strong, but price is already approaching the recent high near $17.50. A rejection here could trigger a pullback before another attempt higher.
I'm watching to see whether buyers can hold the breakout and push toward the next resistance.
โ ๏ธ No guaranteed move โ wait for confirmation, manage risk, and avoid chasing green candles.
Are the bulls strong enough to reach $18, or is a pullback coming first? ๐
#UVXY #TradingIdeas
$UVXY is showing strong bullish momentum after a sharp move upward, trading around $17.45 in the chart shared.
๐ Key levels to watch:
- ๐ข Entry zone: $17.20โ$17.40
- ๐ฏ TP1: $17.60
- ๐ Next area to watch: $18.00
The momentum looks strong, but price is already approaching the recent high near $17.50. A rejection here could trigger a pullback before another attempt higher.
I'm watching to see whether buyers can hold the breakout and push toward the next resistance.
โ ๏ธ No guaranteed move โ wait for confirmation, manage risk, and avoid chasing green candles.
Are the bulls strong enough to reach $18, or is a pullback coming first? ๐
#UVXY #TradingIdeas