$SXP

Trading Strategy

For Long Positions:

Consider entering above $0.3686 (MA(7) breakout).

Target $0.3820 (24h high) and $0.3864 (next resistance).

Set a stop-loss at $0.3545 to minimize downside risk.

For Short Positions:

Look for short opportunities if the price breaks below $0.3545.

Targets are $0.3226 (MA(25)) and $0.2950 (24h low).

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Outlook

Bullish Bias:

Price action and trading volume support a continuation of the upward trend.

A breakout above $0.3820 could open the way for higher levels.

Risk:

Watch for rejection at resistance levels and retracements toward $0.3545 or lower.

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