$SXP USDT BEARISH BREAKDOWN — SUPPORT TURNED INTO RESISTANCE! 🔻

Price action on $SXPUSDT has cleanly broken below the critical support near 0.1705 (marked in blue), confirming a shift in market structure. The recent retest of this level as resistance strengthens the bearish narrative. A clean rejection from this zone opens the door for a deeper downside move.

🔴 Trade Setup (Short Entry):

Entry Zone: 0.1700 – 0.1710

Take Profit 1: 0.1540

Take Profit 2: 0.1400

Stop Loss: 0.1795

📉 Market Outlook:

Momentum favors the bears, with volume declining on retracements and increasing on breakdowns. If bulls fail to reclaim the 0.1700 zone quickly, expect continuation toward deeper support levels. Lower highs and lower lows signal trend exhaustion on the bullish side.

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buy and trade here on $SXP