SPXUSDT bounce setup — Low Conviction Play Off Demand Zone

1 Jun

SPXUSDT is testing a demand zone built from the H1 order block + H4 swing failure pattern (SFP). While the structure remains weak, the current zone offers bounce potential — but conviction is low.

Setup:
🟩 Demand Zone: $0.90–$0.93
• Area of previous demand, also aligned with SFP
• Bounce possible, but high risk of fading without strength

🎯 First Target: $1.11 (Daily S/R)

🟥 Major Resistance: $1.20 — monthly level, likely hard cap

🚫 Invalidation:
• Clean break below $0.90 opens door to deeper drop
• No setup continuation if zone fails to hold

Plan:
• Short-term bounce trade only
• Not a high conviction long — manage risk closely
• Reassess if reclaim and structure form above $1.00+

📌 Dead cat bounce potential — keep stops tight and expectations measured.

4 Jun

Dagangan ditutup: sasaran tercapai