๐ $SXP
/USDT Technical Analysis: Bullish Momentum in Play! ๐
The SXP/USDT pair has shown significant movement recently, with the price surging to a 24h high of $0.4239, up by +34.36%. This strong momentum could lead to further opportunities for traders. Hereโs a quick breakdown of the key levels to watch:
๐ Key Targets:
1. Target 1: $0.4570
Currently testing this level, it has been a recent resistance point. A breakout above could signal further upside potential.
2. Target 2: $0.4700
This level represents a strong resistance zone based on previous price action. A successful retest could provide a clear buying signal.
3. Target 3: $0.5000
If the bullish trend continues, this psychological round number could act as the next resistance level. It is crucial to watch how the price reacts here.
๐ Volume Analysis:
24h Volume (SXP): 195.50M
24h Volume (USDT): 75.02M
๐ฅ Current Market Depth:
38.39% Buy Depth
26.69% Sell Depth
โณ Time Frames to Watch:
15m: +9.41%
1h: -5.08%
4h: -0.32%
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