#CongressTradingBan $SXP /USDT – Short-term trading setup confirmed after rejection! 🚨
Current price: $0.2028 (+8.28%)
Overview of 15-minute timeframe
After a strong pump to $0.2148, $SXP has shown strong rejection and is currently consolidating near $0.2030 – signaling exhaustion and potential reversal!
Key levels:
• Resistance: $0.2100 – $0.2150 (rejection area)
• Support: $0.1950 / $0.1900
Short-term trading setup:
• Entry zone: $0.2025 – $0.2050
• Target 1: $0.1950
• Target 2: $0.1900
• Stop loss: $0.2155
Market analysis:
Price is forming a clear distribution pattern after sweeping liquidity above $0.214. Gradual selling pressure is prevailing, with lower highs confirming the downtrend.
Professional tip:
Look for a candle close below $0.2000 to confirm momentum before entering. Be patient, smart entries = better RR!
Stay alert! This correction may provide high-probability scalp trading opportunities!
$SXP