Another Test of 7555 AheadUS SPX 500OANDA:SPX500USDinchartswetrustHello, traders!🌴 In my previous post, I specifically highlighted the less obvious 7555 level. It has now proven to be a very important area❗️❗️❗️, and my upcoming analysis will continue to be based on how price reacts around it. As I mentioned in the last update: “I consider this level to be the key factor in determining the next move. If SPX breaks above 7555 and manages to hold that level, clearing the all-time high at 7625 should not be a major challenge. In that case, the path toward the next target at 7950 opens up. However, if price gets rejected at 7555 once again or forms another false breakout, there's a high probability we'll see a move back toward the 7450-7500 area, where the 100 EMA and 200 EMA on the 4H timeframe are currently located.” So far, this 🐻 scenario has played out exactly as expected. We saw a rejection from 7555 followed by a pullback to 7500 ✅ The fact that the pullback is currently finding support at the 4H EMA 100 while also holding above the 1H EMA 100 and EMA 200 is clearly a bullish sign🛡️🛡️🛡️ For that reason, I expect another attempt to break through 7555 in the near future. 🐻🪓The bearish scenario remains unchanged. If those moving averages are broken with strong momentum, the next key support levels become: Support levels: • 7300 — Local horizontal support • 7200 — Area of the 1D EMA 100 • 7000 — Previous all-time high Peace, everyone🌄 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and should not be considered investment advice. The author is not responsible for your trading decisions. Always manage your risk and make your own independent decisions.