$SXP Weekly Breakout – Bullish Momentum Unleashed! 🚀

The weekly chart for #SXP/USDT has delivered a strong breakout from a descending triangle, signaling a potential bullish trend reversal. This technical breakout is a key indicator of market strength and could mark the beginning of a significant upward move.

Key Insights:

Pattern: Descending Triangle Breakout

Resistance Target Zone: $1.70 - $1.90

Potential Upside: Over 400% from the breakout level

Market Context: The breakout aligns with previous historical resistance, which could serve as a target for profit-taking or further upward movement.