#MarketPullback
The #SXP stock is still in a strong downward trend, repeatedly rejecting the downward trend line.
The price is testing a key horizontal support level at $0.16, with no clear upward momentum so far.
If this support is broken, the next downward target lies between $0.13 and $0.12.
A confirmed break above $0.255 will be necessary to shift the momentum upwards. Until then, the pressure remains downward and is likely to continue.