SPX6900: BULLISH CHANNEL WITH KEY DEMAND ZONE

SPX6900/USDT 12H Analysis

📊 KEY STRUCTURE SETUP

Price Action:
• Trading within ascending channel (purple lines)
• ATH Zone: $1.60-1.80
• Strong demand zone: $0.85-1.00
• Current: $1.29 (-0.34%)
• Volume: 51.96K showing consolidation

FORECAST (yellow projection):
- Potential pullback to demand zone
- Channel target: $2.00-2.20 range
- Maintaining bullish structure

Trading Setup:
• Buy Zone: $0.85 -$1.00 (demand)
• Targets:
T1: $1.70 (ATH retest)
T2: $2.00 (channel top)
• Invalidation: Break below channel $0.80

#TechnicalAnalysis #Crypto #Trading
MEMESPX (S&P 500 Index)spx6900Supply and DemandSupport and ResistanceTrend Lines

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