SPX6900 (SPX) has surged 22% after retesting a key breakout level near $1.07, now trading around $1.27. The token has reclaimed its 200-day moving average at $1.1476, signaling potential bullish momentum. Previously, SPX broke out of a falling wedge pattern near $1.20 but was pushed down to $0.44 during a market sell-off. Analysts indicate that maintaining levels above the 200-day moving average and reaching $1.66 could set SPX on a path to $2.33, suggesting an 84% upside from current prices.