SXPUSDT D1 Analysis | Rank : 264👀 Welcome to my Trading View Analysis and Trading Channel Here , we share the latest market analysis, trading signals, and key insights together .
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⚡️Today , we're going to analyze the SXP (Solar) coin together on the daily timeframe and find triggers for our positions
#SXP/USDT#SXP
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.1915.
We have a downtrend on the RSI
#SXP/USDT#SXP
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the low
SXPUSDT | Today's Best Volume Gainer - Resistance AheadSXPUSDT has seen a significant volume surge today, making it one of the most actively traded coins. However, there is no reason to be bullish right now. Instead, we focus on key resistance zones for potential short opportunities.
🔴 Key Resistance Zones:
The red boxes mark strong resistance areas wh
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