In accordance with Cryptofrontnews, SPX is currently testing a key resistance level near 0.74 USDT, with an inverse head-and-shoulders pattern forming on the chart. The pattern suggests potential for bullish momentum continuation if key support levels hold. TrendCloud analysis indicates a maturing uptrend, with price recently re-entering the green zone. A breakout above 0.74 USDT could confirm the bullish reversal and open the path toward 0.7840 USDT. Additionally, a rapid breadth-thrust surge has enhanced bullish sentiment ahead of the December FOMC meeting.
SPX Approaches Key Resistance as Bullish Chart Patterns and Breadth Signals Emerge
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