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Spxusdlong

SPXUSDT Forms Classic Cup and HandleSPXUSDT daily chart is showcasing a strong Cup and Handle breakout with high volume, a classic bullish continuation pattern. After a well-formed, rounded base, price has cleanly broken above the neckline resistance around the $1.80 level, supported by strong momentum and a sharp bullish candle. This breakout signals the potential for a significant upside move, with the next leg likely to push toward much higher price levels. SP:SPX MEXC:SPXUSDT
Long
by HexaTrades
SPXUSDT Approaching Breakout Zone – 20% Potential Move?SPXUSDT is gearing up for a potential breakout after consolidating in an ascending triangle. Price is once again testing the key horizontal resistance at $1.38, which has held for several days. Structure: Ascending triangle on the 4H timeframe – typically bullish Multiple rejections at the $1.38 level indicate a strong breakout if flipped RSI is around 63, signaling growing momentum Trade Setup (If Breakout Confirms): Entry: Candle closes above $1.38 resistance Stop Loss: Below $1.3422 support zone Targets: $1.4753 $1.5679 $1.7019 Potential upside of ~20% if momentum holds. Support & Resistance: Immediate Support: $1.3422 & $1.2962 Major Resistance: $1.38 → $1.4753 → $1.5679 → $1.7019 A breakout from this structure can trigger a strong bullish move. Watch for confirmation and volume. DYOR. Not financial advice.
Long
by ScramblerG