SPY ATH TARGET 650

Trend: Strong bullish continuation. Price just broke above the key 610 level, entering a momentum phase toward the projected 650 target.

Structure: SPY is trading inside a rising channel. The upper bound aligns with the 650 level, suggesting this is the next liquidity zone.

Support Zones:

610: Now a critical support. If it holds, buyers remain in control.

580–560: First unfilled gap — a likely magnet if price dips.

540–530: Second unfilled gap — stronger support on deeper pullback.

500–480: Major demand block — structural bottom of the current rally.

Moving Average (EMA): Price is trading above its EMA, confirming bullish momentum.

Gaps: Two visible gaps remain open below, both likely to act as magnets if bulls lose momentum.

📈 Expected Range:
Above 610 → Target: 650

Below 610 → Watch for gap fills at 580 and 540