⚠️ #SPX USDT DIPS HARD – But Is This the Perfect Bounce Zone? 🧐
SPXUSDT just dropped nearly 10%, currently sitting at $1.44, close to its 24h low of $1.4293. While the downtrend is sharp, key moving averages suggest a bounce may be brewing.
📉 Price is hovering near MA(7): $1.4669 and MA(99): $1.4731 – potential support
📊 24h volume is strong at 262.82M USDT, signaling interest despite the sell-off
📌 Bears may be fading – eyes on a quick reversal if $1.43 holds
🎯 Entry Zone: $1.42 – $1.45
🎯 Take Profit 1: $1.52
🎯 Take Profit 2: $1.58
🎯 Take Profit 3: $1.66
🛡️ Stop Loss: $1.38
Don't panic — monitor closely. If bulls step in now, a swift recovery move could be next!