SPX Building Strength Above Support | Breakout Structure Forming

SSPX/USDT is showing signs of accumulation after reclaiming key levels and stabilizing above the 0.365 – 0.371 support zone.

The structure reflects a transition from a downtrend into consolidation, followed by a gradual shift toward higher lows. Price is now holding above a key base while compressing below resistance — a classic setup for expansion.

Key Observations:
Strong reclaim of horizontal support
Formation of higher lows indicates demand
Compression below resistance (0.3789)
RSI near neutral, allowing room for upside
Trade Setup:
Entry Zone: 0.365 – 0.371
Targets:
0.3789
0.3849
0.3940

STOPLOSS:
.3620

Outlook:
As long as price holds above the 0.365 zone, the structure favors continuation toward higher resistance levels.

A breakout above 0.3789 could trigger momentum toward the upper supply zone near 0.3940.
This is a positioning phase before a potential move.

NFA | DYOR