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SPX6900 (SPX) Price Prediction: Whales Accelerate Return, SPX Poised to Challenge the $1 Mark
SPX6900 (SPX) has regained upward momentum after successfully pulling back to around $0.600 and completing a technical retest of its flag pattern. After the pullback, the token rebounded by as much as 12%. Although it subsequently retraced about 5.6%, the overall trend remains within an ascending structure.
The continuous buying by whales is the main driving force behind this round of price action. Large holding wallets have been actively accumulating within the current trading range, indicating that major investors view the recent pullback as an opportunity to build positions rather than a signal of trend reversal. This behavior reinforces bullish market sentiment and suggests that these key players are betting on further price appreciation.
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