$SXP Market Update

Long Liquidation: $1,243.8 at $0.346

Indicates selling pressure with buyers exiting positions.

Buy Zone

Entry Range: $0.3300 to $0.3450

Look for consolidation or reversal signals in this range before entering.

Target Levels

1. First Target (T1): $0.3600 (Short-term recovery)

2. Second Target (T2): $0.3800 (Potential upward momentum)

Stop Loss

Stop Loss: $0.3250

Protects against a deeper drop.

Key Observations

Volume Spike: Increased buying volume near $0.3450 may signal a reversal.

Trend Confirmation: A close above $0.3500 shows bullish potential.

Market News: Watch for updates or whale activity to affect movement.

Risk-Reward Plan

Stick to a 1:2 risk-reward ratio for a well-balanced trade.

Trade smart, stay focused, and wait for the right setup!

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