SPX Technical Analysis – Bullish Structure
The overall trend of SPX appears bullish, and based on the current structure, the asset shows potential for a 20% upside, with a possible move toward the $1.25 level.
Key support zones to watch are:
$0.90, which is approximately 11% below the current price
$0.80, which is around 21% below and can be considered the main support
As long as the price holds above these key levels and the bullish trend remains intact, the outlook stays optimistic for further upward continuation.
📌 This analysis is for educational and informational purposes only and does not constitute financial advice.
📝 Follow for more updates on SPX and other assets
The overall trend of SPX appears bullish, and based on the current structure, the asset shows potential for a 20% upside, with a possible move toward the $1.25 level.
Key support zones to watch are:
$0.90, which is approximately 11% below the current price
$0.80, which is around 21% below and can be considered the main support
As long as the price holds above these key levels and the bullish trend remains intact, the outlook stays optimistic for further upward continuation.
📌 This analysis is for educational and informational purposes only and does not constitute financial advice.
📝 Follow for more updates on SPX and other assets
Trade closed: target reached
🔄 SPX Update – Target ReachedSPX has now reached the previously mentioned target.
Those who entered based on the earlier analysis may consider securing some profits at this level.
The key support zone mentioned earlier remains valid and intact.
There is a chance that SPX may pull back from this resistance area and retest the support zone below.
As long as the support holds, it can still act as a strong base for future price action.
On the other hand, if the current resistance is broken with confirmation, we could see further upside movement from here.
📘 This update is for informational purposes only and not financial advice.
📝 Follow for further SPX updates and crypto analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.