Here’s a trading signal for the $SXP /USDT pair on a 15-minute time frame.
The current price is 0.4392, with a visible upward trend.
Resistance is marked at 0.4570, while support stands at 0.4154. For those looking to enter this trade, an entry point around 0.4370 could be ideal, aligning with the recent price movements.
The take-profit targets are set close together for gradual profit-taking: Take Profit 1 (TP1) at 0.4450, Take Profit 2 (TP2) at 0.4500, and Take Profit 3 (TP3) at 0.4550.
To manage potential downside risk, a Stop Loss (SL) is recommended at 0.4300.
This setup provides an effective approach, allowing for profit on incremental rises while controlling risk if the price shifts unfavorably.