Trade Update: $SXP Liquidated Long
Position: $91.8K
Exit: $0.416
The long position on $SXP was liquidated at $0.416, signaling a possible market shift.
This could lead to a pullback or sideways action in the short term, with the potential for further volatility.
Next Steps:
Watch for support around $0.40. If the price fails to hold, $0.38 could be the next key level to monitor.
Important Levels:
Support: $0.40
Resistance: $0.45
Trading Tip:
Wait for confirmation before entering a position.
Look for signs of stabilization or a bounce from support for safer entries.
Be cautious, manage risk, and stay informed!
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