Still Hot on SPX6900? - Well, the 6900 Could Be For $0.069!!!!

Wow! If you've been a follower of SPX6900, you know that community and large holders like Morad have been pumping this up as THE Memecoin of the future. While that may be true, there are literally hundreds of other competitors who justify their claim to the same title. So in this fast paced world of opportunity you may ask...which is THE best Altcoin, or Memecoin, or even Stock to buy? Believe me, we get asked this question A LOT....and my answer is always the same (and yours should be, too)...THE ONE THAT IS BUYING!!! That sounds simple, but most people just don't get it.

So, today, we'll take another look at why a solid technical analysis understanding can be your greatest asset.

What happened to SPX6900?:

SPX6900 was launched back in August of 2023. Like many memecoins, it quickly gained momentum, fame, and the highly sought after 100X+ that many cryptos can deliver IF you get in at the launch. It pumped from 0.00x to well over $1 during the first year and was the hype of the market. The next year saw a range of price discovery and illusions of going another 10X....BUT the hopes of many have been dashed to pieces this past year as it has fallen 90% from ATHs. If you've followed any of my posts, you know that we focus on Market Maker Structure and this structure clearly showed us the FALL OF FALLS was coming. A Daily and Weekly Break of Structure seen back in Sept - Oct 2025 was the main driver and the structural targets were NOT pretty! $0.07 initially, and then $0.012. OUCH!!!! As of today, we have fallen from the ATH of $2.25 to as low as $0.20...and the Structure suggests we are not done! If you had the "eyes to see" structure in this way, you could have easily avoided 80% of that fall, and/or positioned yourself to get in at these huge discounts.

What to look out for now:?

Now that we are 80% - 90% down from high, the question is, could this still go lower? ABSOLUTELY!!! As this is a weekly driven structural break, we need to watch the H4 to look for any signs of a recovery. The recent drop to $0.20 was a fall to an H4 Support, and we've seen the initial bullish response. This actually gave us an H4 BOS Up as an initial ray of hope. HOWEVER, this structure needs to be tested after all of this falling, so look for a return back to the $0.20 - $0.25 range as a retest. SPX6900 needs to hold this and either respond bullish or consolidate to build strength. A failure of this Temporary support area (daily close below $0.20) will signal a continuation of the weekly structure and the next fall would likely bring the $0.069 price. There's a HUGE FVG in that area that will be like a magnet if we lose that $0.20 price zone.

The weekly Demand Source is even further down at $0.012. There are a few possible roadblocks to keep it from falling that far, but know that the structure is there for it.

So, if you're trading, hopefully this helps give you a few areas to look for. Aggressive traders are already in shorts and this untested H4 bounce is not enough to get out of short positions.

As always, leave your thoughts, comments, and questions. Please like and follow for more analyses. And...If you're struggling, and want to learn how you can better master the markets, please let us know.