$SXP /USDT BULLISH MOVE INCOMING 🚀
Key Levels:
- Support: $0.3650
- Resistance: $0.3900
- Current Price: $0.3698
Trade Setup:
- Entry: Long at $0.3700
- Target 1 (TP1): $0.3800
- Target 2 (TP2): $0.3900
- Stop Loss (SL): $0.3650
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, typically 1-2% of your trading capital.
Summary:
We are looking to enter a long position on $SXP/USDT as the price is showing signs of a bullish reversal from the support level at $0.3650. The current price action suggests a potential move towards the resistance level at $0.3900. This trade setup offers a favorable risk/reward ratio, making it an attractive opportunity for traders. 📈📊
Happy Trading! 🚀