This analysis focuses on the SPX/TetherUS Perpetual Contract on Binance, identifying a potential short target based on current market trends. The chart indicates a bullish trend with a machine learning RSI suggesting a possible reversal point.
Description
Asset: SPX/TetherUS Perpetual Contract (1D, Binance)
Short Target: 3.2 USDT
Trend: Bullish (Detected by Trend Following Mode)
Machine Learning: Enabled (RSI Thresholds: 70/30)
Analysis: The chart shows a recent uptrend with the Machine Learning RSI peaking around 61.2102, indicating overbought conditions. A short target is set at 3.2 USDT, aligning with the support level observed in the recent price action. Consider monitoring for a reversal confirmation before entering a short position.
Created: Jul 27, 2025 18:14 UTC+5:30 by shyamshm7
Description
Asset: SPX/TetherUS Perpetual Contract (1D, Binance)
Short Target: 3.2 USDT
Trend: Bullish (Detected by Trend Following Mode)
Machine Learning: Enabled (RSI Thresholds: 70/30)
Analysis: The chart shows a recent uptrend with the Machine Learning RSI peaking around 61.2102, indicating overbought conditions. A short target is set at 3.2 USDT, aligning with the support level observed in the recent price action. Consider monitoring for a reversal confirmation before entering a short position.
Created: Jul 27, 2025 18:14 UTC+5:30 by shyamshm7
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.