$SPX 6900/USDT – Bearish Move Expected

Trade Setup:

Entry Range: 0.655 – 0.658

Target 1: 0.620

Target 2: 0.590

Target 3: 0.560

Stop Loss (SL): 0.670

Short Market Outlook:

$SPX6900/USDT is under strong selling pressure, with a -7.06% drop in recent trading. The pair is failing to hold above 0.656, signaling dominance of bearish momentum. Key support levels to watch are 0.620 and 0.590, which could be tested if the downtrend continues. Traders should monitor volume for confirmation of continuation and maintain SL to manage risk effectively.

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SPKUSDT

Perp

0.02443

-0.69%