$SPX
#spxusdt is attempting to recover after a prolonged downtrend. Price has been consolidating around the 0.30–0.40 area and is now pushing toward the 0.45–0.50 resistance zone, which is the key level to watch. The nearest support sits around 0.32–0.35. If that fails, the next zones to watch are 0.28 and then 0.25. The structure is showing signs of a possible recovery base, but buyers still need to prove strength above resistance. Traders should watch whether price can hold above 0.35 and reclaim 0.45–0.50, because rejection there could send it back toward the 0.32 zone. On the upside, a clean breakout above 0.50 could open room toward 0.60 and possibly 0.70 if momentum stays strong.
#spxusdt is attempting to recover after a prolonged downtrend. Price has been consolidating around the 0.30–0.40 area and is now pushing toward the 0.45–0.50 resistance zone, which is the key level to watch. The nearest support sits around 0.32–0.35. If that fails, the next zones to watch are 0.28 and then 0.25. The structure is showing signs of a possible recovery base, but buyers still need to prove strength above resistance. Traders should watch whether price can hold above 0.35 and reclaim 0.45–0.50, because rejection there could send it back toward the 0.32 zone. On the upside, a clean breakout above 0.50 could open room toward 0.60 and possibly 0.70 if momentum stays strong.