$SXP /USDT Technical Update - Momentum Building!
Current Price: $0.3549 (+6.93%)
$SXP shows resilience with a strong push above the EMA levels, hinting at a bullish continuation.
Key Levels to Watch:
Resistance: $0.3652
Support: $0.3437 (EMA-25)
EMA Alignment: EMA(7) > EMA(25) > EMA(99) confirms bullish momentum.
Observations:
1. Price is consolidating near $0.3500 after a sharp recovery from the $0.3192 low.
2. A break above $0.3650 could trigger further upward movement toward $0.3800+.
Strategy:
Entry Range: $0.3480–$0.3520
Targets:
TP1: $0.3600
TP2: $0.3700
Stop-Loss: $0.3400
Patience is key! Let the price confirm its breakout above resistance levels before considering aggressive entries.
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