$SXP /USDT Trading Signal - Potential Continuation Patterns
Bullish Scenario:
Entry Zone: $0.3890 - $0.3920
Target 1: $0.4000
Target 2: $0.4100
Stop Loss: $0.3840
Market Observation:
SXP/USDT is forming higher lows with bullish momentum, indicating the potential for a continuation to the upside. If it sustains above $0.3890, expect a breakout toward $0.4000 and $0.4100. Confirmation with increased volume is key.
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Bearish Scenario:
Entry Zone: $0.3890 - $0.3860 (Short Position)
Target 1: $0.3800
Target 2: $0.3700
Stop Loss: $0.3930
Market Observation:
If $0.3890 fails to hold as support, a reversal toward the lower range at $0.3800 and $0.3700 is possible. A stop-loss above $0.3930 is recommended to manage risk.