SPX6900 (SPX) is testing a crucial support zone between $0.85 and $0.95, following the completion of a Head and Shoulders bearish pattern. The token has recently fallen below its 50-day and 100-day moving averages, indicating heightened bearish momentum. A successful defense of this support level could see SPX6900 rebound towards $1.40–$1.50. However, a breakdown below $0.85 might result in a further decline towards $0.25.