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Lower highs are starting to matter.
Momentum is fading for $SPX
▸ $SPX is trading below a descending trendline.
▸ Price is testing around 7,487 after rejecting near 7,510.
▸ The next key support sits around the 7,420 zone.
What stood out to me is the repeated rejection from lower highs.
That usually signals buyers are losing control unless support holds.
If $SPX loses support, risk assets including $BTC could face short-term pressure.
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