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$SPX /USDT
Bias: LONG — but only on a pullback
Entry: 0.626 – 0.631
TP1: 0.6445
TP2: 0.6477
SL: 0.6140
The chart is showing strong buying pressure on the 15m timeframe. Price is above the short-term MA/EMA levels and the Supertrend is also below the current price.
But I wouldn’t chase the move at 0.6434 after such a sharp pump.
I’d rather wait for a pullback toward the 0.626–0.631 area and see if buyers defend that zone. If price holds there, the previous high around 0.6445 becomes the first target.
If price breaks below the Supertrend area and loses the setup, I would stay out.
Risk reminder: This is chart-based analysis, not guaranteed profit. Manage your risk and don’t enter just because the price is moving fast.
#SPX $SPX