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SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce


by Maxwell Mutuma
for CoinEdition
SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce

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  • SPX6900 faces persistent resistance as sellers cap rebounds near key Fibonacci zones.
  • Weakening support and negative flows heighten risk of deeper decline toward demand areas.
  • Falling open interest shows traders reducing exposure while waiting for clearer direction.

SPX6900 continues to face pressure as sellers maintain control across the short- and mid-term structure. Recent trading shows a strong rejection near key Fibonacci levels, which limits upside attempts. Price action still respects a clear pattern of lower highs and lower lows. 

Resistance Zones Continue to Cap Recovery Attempts

SPX6900 trades below major retracement zones, which restricts any sustainable rebound attempt. The region between $0.70 and $0.724 remains the first major ceiling. 

The Supertrend also flashed a fresh sell signal near that area, which reinforces the resistance. A decisive mo…

Read The Full Article SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce On Coin Edition.

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In This News

Coins

$ 0.693

+13.1%

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In This News

Coins

$ 0.693

+13.1%

Share:

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SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce


by Maxwell Mutuma
for CoinEdition
SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce

Share:

  • SPX6900 faces persistent resistance as sellers cap rebounds near key Fibonacci zones.
  • Weakening support and negative flows heighten risk of deeper decline toward demand areas.
  • Falling open interest shows traders reducing exposure while waiting for clearer direction.

SPX6900 continues to face pressure as sellers maintain control across the short- and mid-term structure. Recent trading shows a strong rejection near key Fibonacci levels, which limits upside attempts. Price action still respects a clear pattern of lower highs and lower lows. 

Resistance Zones Continue to Cap Recovery Attempts

SPX6900 trades below major retracement zones, which restricts any sustainable rebound attempt. The region between $0.70 and $0.724 remains the first major ceiling. 

The Supertrend also flashed a fresh sell signal near that area, which reinforces the resistance. A decisive mo…

Read The Full Article SPX6900 (SPX) Price Prediction: SPX Attempts Stabilization Despite Recent Bounce On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.693

+13.1%

Share:

In This News

Coins

$ 0.693

+13.1%

Share:

Read More

JUST Price Prediction: Breakout Stalls As Sellers Test Support After Parabolic Rally

JUST Price Prediction: Breakout Stalls As Sellers Test Support After Parabolic Rally

JUST price today trades near $0.0425, easing over 3% in the past 24 hours after a str...
Nexo (NEXO) Price Prediction: Nexo Price Struggles Despite Mild Accumulation Signals

Nexo (NEXO) Price Prediction: Nexo Price Struggles Despite Mild Accumulation Signals

Nexo continues to struggle for directional strength as market activity leans toward s...