$SXP
/USDT Technical Analysis🔥💯
Current Trend: Bullish momentum (+22.86% in 24h).
RSI: In the overbought region, suggesting strong buying pressure but caution for a possible correction.
Support Levels: $0.3550 and $0.3250.
Resistance Levels: $0.3850 and $0.4000.
Trade Signal
Signal: Buy (Short-term)
Momentum favors upward movement with potential corrections near resistance levels.
Target 🎯 Levels
1. Target 1: $0.3900 (Near resistance, suitable for quick scalping).
2. Target 2: $0.4050 (Breakout level if momentum continues).
3. Target 3: $0.4250 (Extension for swing trades).
Stop-Loss: $0.3250
Momentum: Strong upward, driven by high volume (61.12M SXP). Monitor for resistance near $0.3850 before breaking into higher targets.
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