SPX/USDT Analysis: Is the Launch Hour Approaching? 🚀
Hello crypto creators and Yemenbtc followers.. ✋
After the recent strong pump of SPX, we’re now seeing a natural corrective move to relieve the indicators. Here’s the technical summary and what the "smart money" is telling us:
📊 Technical Condition Summary:
The coin is currently in a "accumulation" phase, testing support zones after failing to break the top at 0.4227. The indicators (RSI & MFI) are nearing oversold territory, suggesting that a bounce could be imminent.
🎯 Levels of Interest:
Golden entry zone: between 0.3500 - 0.3550 (whale support 🐳).
Targets: 0.3950 then a return to test 0.4200.
Stop Loss: Close a 4-hour candle under 0.3450.
💡 Yemenbtc Advice:
Keep an eye on volume at support zones; decreasing liquidity during the dip is a positive signal that sellers are losing momentum. Don’t chase green candles; wait for price at support levels.
What do you think? Will we see a new breakout this week or does Bitcoin have other plans? Share your predictions in the comments! 👇
#SPX #Yemenbtc #BinanceSquare
Hello crypto creators and Yemenbtc followers.. ✋
After the recent strong pump of SPX, we’re now seeing a natural corrective move to relieve the indicators. Here’s the technical summary and what the "smart money" is telling us:
📊 Technical Condition Summary:
The coin is currently in a "accumulation" phase, testing support zones after failing to break the top at 0.4227. The indicators (RSI & MFI) are nearing oversold territory, suggesting that a bounce could be imminent.
🎯 Levels of Interest:
Golden entry zone: between 0.3500 - 0.3550 (whale support 🐳).
Targets: 0.3950 then a return to test 0.4200.
Stop Loss: Close a 4-hour candle under 0.3450.
💡 Yemenbtc Advice:
Keep an eye on volume at support zones; decreasing liquidity during the dip is a positive signal that sellers are losing momentum. Don’t chase green candles; wait for price at support levels.
What do you think? Will we see a new breakout this week or does Bitcoin have other plans? Share your predictions in the comments! 👇
#SPX #Yemenbtc #BinanceSquare
