#SXP is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.

if #SXPUSDT taps into the critical demand level of $0.1950. Should the price maintain strong momentum here, we could see Price breaking through the descending resistance and targeting the major supply area at $0.3000 .

A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.

However, falling below this level could signal a prolonged bearish trend, and #SXP will keep moving within a descending channel.

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