Move like the same as $BTC , $BNB and #ETH🔥🔥🔥🔥🔥🔥 $SPX Price Structure Analysis – Key Levels and Trading Plan
SPX is trading near 0.477 after a strong sell-off from the 0.55 area, showing weakness but early signs of stabilization.
The primary support zone is around 0.470 – 0.465, where price recently bounced and buyers defended the level.
As long as this support holds, downside pressure remains controlled in the short term.
If this zone breaks, the next lower support sits near 0.445 – 0.450, which is critical for the broader structure.
On the upside, immediate resistance is located at 0.490 – 0.500, where selling pressure previously increased.
A stronger major resistance is placed around 0.520 – 0.550, the origin of the recent decline.
Short-term long entry can be considered near 0.470 – 0.478 with a stop-loss below 0.460.
Mid-term long entry is safer on deeper pullbacks toward 0.445 – 0.455, keeping a stop-loss below 0.430.
For short trades, rejection near 0.500 – 0.520 can be used with a stop-loss above 0.540.
Price needs to reclaim 0.50 to confirm strength and shift momentum back to buyers.
