$SXP

is showing a critical moment as it retests the broken descending triangle pattern on the weekly chart. This retest is signaling a potential surge in bullish momentum, as the price action builds up pressure for a possible breakout. If the support at the retest level holds strong, the next targets could be $0.56, $0.94, and even as high as $1.70.

Key Points to Watch:

Support Level: If it holds, we could see a move upwards.

Targets: $0.56, $0.94, $1.70 — significant upside potential!

Risk Management: Keep an eye on any price reversal for risk mitigation.

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Don’t miss out on this exciting setup!