🚀 $SXP
USDT BULLISH REVERSAL – CAN THIS SURGE CONTINUE HIGHER?
$SXPUSDT has shown a strong bounce on the 1H chart after forming a higher low structure, indicating a potential bullish continuation towards its recent highs.
🔑 Key Levels:
Support: $0.1735
Resistance: $0.1865 (24H High)
Current Price: $0.1793
📈 Trade Setup (Long):
Entry Zone: $0.1785 – $0.1800
Targets (TP):
➤ TP1: $0.1825
➤ TP2: $0.1850
➤ TP3: $0.1880
Stop Loss (SL): $0.1740
📊 Market Outlook:
SXP is currently showing a bullish momentum shift with strong buying pressure after quick wicks down. If it sustains above $0.1785, continuation towards resistance is likely. However, rejection near $0.1850 could cause a temporary pullback before the next leg up.
⚠️ Risk Management:
Always risk only 2-5% of your trading capital per setup. Place SL strictly to avoid large drawdowns and adjust TPs dynamically based on real-time market structure.
💬 Comment 💚 if you see SXP targeting higher levels today!
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buy and trade here on $SXP