$UVXY Massive Recovery — What’s Next?
After a brutal downtrend, $UVXY just surged over 15% in a single day, bouncing firmly off the $15.68 mark!
Here is what you need to watch right now:
Key Support: $15.00 must hold to keep the bullish momentum alive.
Upside Targets: If support holds, watch for a push toward $22, $26, and $30.
The Big Breakout: A clean break above $34.00 is required to confirm a major trend reversal and eye new highs.
Trading Bias: Bullish as long as it stays above $15.00, but patience is key for the higher resistance tests.
Are you riding the UVXY bounce or waiting for a pullback? Let's discuss below! 👇
$UVXY #Volatility: #TradingCommunity #stockmarketnews #MarketUpdate
After a brutal downtrend, $UVXY just surged over 15% in a single day, bouncing firmly off the $15.68 mark!
Here is what you need to watch right now:
Key Support: $15.00 must hold to keep the bullish momentum alive.
Upside Targets: If support holds, watch for a push toward $22, $26, and $30.
The Big Breakout: A clean break above $34.00 is required to confirm a major trend reversal and eye new highs.
Trading Bias: Bullish as long as it stays above $15.00, but patience is key for the higher resistance tests.
Are you riding the UVXY bounce or waiting for a pullback? Let's discuss below! 👇
$UVXY #Volatility: #TradingCommunity #stockmarketnews #MarketUpdate