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SPCXUSDT: Is the market ready for a new impulse?
After a rapid increase from 147 USDT to the local high of 227.92 USDT, the asset entered a correction phase. Currently, the price is consolidating near 181 USDT, which coincides with the short-term support zone and the 10-day moving average.
🔹 Current picture
* The price is held around 180–181 USDT.
* Trading volumes are gradually decreasing after a strong impulse.
* MACD shows weakening upward momentum, which may indicate continued consolidation.
📈 Support levels
🟢 180–181 USDT — nearest support.
🟢 175 USDT — an important level for buyers.
🟢 163 USDT — a key zone in case of deeper correction.
📉 Resistance levels
🔴 187–190 USDT — first zone for resuming growth.
🔴 200 USDT — psychological level.
🔴 227 USDT — local maximum and strong resistance.
💡 What should you pay attention to?
If buyers manage to hold above 187–190 USDT, the market could gain a new impulse toward 200 USDT and higher. At the same time, losing support at 180 USDT could increase selling pressure and lead to a deeper correction.
⚠️ This material is not financial advice. Always use risk management and your own analysis before making trading decisions.
#Gateio #SPCX #MyGateTradeStory