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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.