Fuel for growthThis currency is near a resistance and there is a possibility of price reversal.
The price may return to the specified range, which is 7% lower.
The second support range for this currency in the specified chart and analysis also has the possibility of a growth up to the previous peak.
SXPUSDT
SXP BUY/LONG SETUP (1D)SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance.
It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets.
I specified the targets and invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SXP ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the SXP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SXP/USDT Bulls Take Charge..?!!👀 sxp today analysis💎Currently, SXP is trading within a wedge pattern, following a strong trendline and the exponential moving average of 200.
💎Due to market uncertainty in recent days, SXP has experienced significant price fluctuations. At present, SXP is in a high-demand zone.
💎 If it breaks the tight wedge pattern and maintains price momentum at EMA 200, it is ready for a substantial bullish move.
💎if the price fails to hold a strong support area, it might result in another lower low in the downward direction.
💎In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!