$SXP
remains in a strong downtrend, repeatedly rejecting from a descending trendline.
The price is testing key horizontal support at $0.16, with no bullish momentum yet visible.
If this support breaks, the next bearish target lies around $0.13–$0.12.
A confirmed break above $0.255 would be needed to shift momentum bullish.
Until then, pressure remains to the downside with continuation likely.