$SPY is coiling just under the highs, and the tape still looks patient 🔥

Entry: 704.80

Target: 705.60

Stop Loss: 700.80

Price is compressing near the recent high, which usually means liquidity is getting quietly absorbed rather than rejected. As long as the 704–705 zone keeps holding, the market has room to drift into the next liquidity pockets at 705.60, then 706.50 and 707.50. A clean break lower would tell you the bid is fading, but right now the structure still favors continuation.

Not financial advice. Manage your risk and protect your capital. #SPY #Trading #StockMarket #Momentum #Liquidity ⚡

SPY
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