SPXUSDT 4H Rising Channel Breakdown Setup!SPXUSDT continues to respect a well-defined ascending channel on the 4H timeframe. Price recently tapped the upper resistance trendline for the fifth time and faced a strong rejection, forming a local top around the 0.49 zone.
The chart shows:
- Multiple clean reactions from both channel support and resistance
- Repeated bearish rejections at the upper boundary (red circles)
- Strong bullish defenses near trendline support (green circles)
- Price currently losing momentum below key moving averages
After rejecting from channel resistance, price dropped sharply and is now retesting the mid-range area near previous support/resistance. If bulls fail to reclaim momentum, this could trigger a deeper correction toward the lower channel support.
Key Levels
Resistance: 0.43 – 0.46
Current Price Area: ~0.41
Major Support: 0.35, 0.30 , 0.26
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SPX Perfect 0.618 Fib Bounce | Bullish Continuation ??SPX respected the 0.618 Fibonacci support zone perfectly and reacted exactly from the key demand area around 0.416 - 0.412. The sharp rejection from this level confirms buyers are still defending the bullish structure for now.
Price also swept liquidity below the previous range before bouncing back above the 0.5 fib level, which is generally a strong sign of support confirmation. As long as SPX continues to hold above the 0.412 region, the probability of continuation toward higher fib levels remains strong.
The next bullish targets to watch are:
• 0.4405 (0.382 fib resistance)
• 0.4578 (0.236 fib resistance)
• 0.4858 macro resistance zone
The structure still favors higher highs unless the 0.618 support gets invalidated decisively. Momentum remains weak short-term, but this zone is technically one of the best risk-to-reward areas for potential longs.
Long Entry Zone: 0.416 - 0.423
Targets: 0.4405 → 0.4578 → 0.4858
Stop Loss: Below 0.412
Confirmation needed with sustained candles above 0.4265 for stronger upside continuation.
NFA | DYOR
SPX Building Strength Above Support | Breakout Structure Forming$SPX/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
SPX/USDT - Reversal Signal After Descending Trendline PressureSPX6900 has been moving in a clear downtrend structure, characterized by consistent Lower Highs (LH) and Lower Lows (LL). The descending trendline has been acting as strong dynamic resistance since the price peaked around the 1.6 USDT area.
Currently, price has reached a major demand zone (support area) around 0.45 – 0.55 USDT, highlighted by the yellow box on the chart. This zone has historically triggered strong buying reactions.
Most importantly, recent candles show a bullish reaction and an attempt to break above the descending trendline, signaling potential momentum exhaustion on the bearish side.
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📐 Pattern Explanation
1. Descending Trendline (Bearish Market Structure)
Price has been trading below the descending trendline for an extended period.
Every bullish attempt was rejected at the trendline, confirming seller dominance.
2. Strong Demand / Accumulation Zone
The 0.45 – 0.55 USDT area acts as a key support level.
Multiple rejections from this zone indicate accumulation by buyers.
3. Early Trendline Break Attempt
Price is attempting to break the descending trendline.
A daily close above the trendline is required for valid confirmation of a trend shift.
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📈 Bullish Scenario
If price:
Closes above the descending trendline
Holds above the 0.55 – 0.60 USDT support area
Then bullish continuation becomes likely, with upside targets:
🎯 Bullish Targets (Resistance Levels):
0.725 USDT
0.925 USDT
1.00 – 1.125 USDT
1.35 USDT
1.50 – 1.60 USDT (major resistance zone)
📌 This scenario will be strengthened by increasing volume and the formation of Higher Lows (HL).
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📉 Bearish Scenario
The bearish scenario remains valid if:
Price fails to hold above 0.55 USDT
Strong rejection occurs at the descending trendline
⚠️ Downside risks:
Retest of the 0.45 USDT support
Breakdown below demand may push price toward 0.40 – 0.36 USDT
📌 A clean breakdown below the demand zone would invalidate the reversal scenario and confirm bearish continuation.
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🧠 Key Takeaway
SPX6900 is currently trading at a critical decision zone:
Major demand area
Descending trendline breakout attempt
Price is deciding between: 👉 A bullish reversal and trend change
or
👉 Continuation of the broader bearish trend
Daily candle confirmation is crucial.
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SPX / USDT : Broke out and now successful retestSPX/USDT has broken out from a consolidation zone, with the price approaching key resistance at $1.90. A sustained move above this level could push the price towards the $2.10-$2.40 range, offering a 6.3% upside.
Bullish Scenario: Price stays above support, targeting $2.10-$2.40.
Bearish Scenario: Breakdown below support invalidates the setup, signaling potential downside.
Risk Management: Monitor price action closely and adjust positions if support fails.
SPXUSDT Forms Classic Cup and HandleSPXUSDT daily chart is showcasing a strong Cup and Handle breakout with high volume, a classic bullish continuation pattern. After a well-formed, rounded base, price has cleanly broken above the neckline resistance around the $1.80 level, supported by strong momentum and a sharp bullish candle. This breakout signals the potential for a significant upside move, with the next leg likely to push toward much higher price levels.
SP:SPX MEXC:SPXUSDT
SPX/USDT – Retest Opportunity Within TriangleAs shared in the previous post, SPX was approaching a crucial breakout zone. Price has now retraced and is hovering around the lower trendline, presenting an ideal retest entry opportunity.
Entry (on retest): 1.37 – 1.39
Stop Loss: Below 1.33
Targets:
T1: 1.70
T2: 2.05
T3: 2.54
T4: 3.56
Support Levels: 1.3737 / 1.33
Resistance Levels: 1.70 / 2.05
Price structure remains intact, and consolidation above this range can fuel a strong move. Entering this retest zone keeps risk low with an excellent risk-to-reward ratio
DYOR | Not financial advice
SPX/USDT — Change of Character Signals Bearish Move Incoming The structure has shifted with a clear CHoCH (Change of Character), suggesting that bullish momentum is weakening. Price recently pulled back into a supply zone around 1.6140–1.6910, setting up a potential short opportunity.
🔍 Technical Breakdown:
Price broke below recent higher low = CHoCH confirmed
Bearish BOS followed by retracement into premium zone (FVG/Supply)
Expecting rejection and continuation to downside if price fails to reclaim 1.6140
🔧 Trade Plan:
Entry Area: 1.6140
Stoploss: Above 1.6910
Targets:
• TP1: 1.5290
• TP2: 1.4630
• TP3: 1.3500
This setup aligns with internal structure + supply zone + CHoCH. Wait for confirmation candle or bearish engulfing in entry area before executing.








