SXP/USDT upward momentum from demand zone? 👀SXP Analysis
Updated
💎 Paradisers, turn your attention to #SXPUSDT, which is currently showing promising signs of an upcoming move from a key demand level.
💎 #SXP is tracing an upward path, indicating a potential bullish breakout from its current demand level. It's anticipated to retest the demand level at $0.3452 before continuing its upward trajectory. If #SXP can maintain its position above this level, it sets the stage for an ascent towards the significant supply zone at $0.5390.
💎 Nonetheless, should #SXP encounter resistance in holding its ground above the $0.3452 level, a strategic shift in our trading approach might become necessary. In that case, we would adjust our focus towards initiating a bullish movement from a slightly lower demand level at $0.3106.
💎 Keeping a vigilant eye on this level is critical, as a drop below it could necessitate a strategic shift, potentially highlighting challenges in maintaining a bullish momentum in the #SXP market.
Trade closed: target reached
💎 Another win! #SXPUSDT up 88.54.%, as forecasted!Note
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