#SXP Big announcement.... something Big is coming to SXP πππ±
#SXP price has reached the $0.5700-0.5580 support after decent corrections , the price is likely to support again.
#SXP
After reaching the support, the price started to grow again and break the downward trend line. The first resistance zone is $0.3580-$0.3750.
After reaching the support, the price started to grow again and break the downward trend line. The first resistance zone is $0.3580-$0.3750.
β€2
#SXP
The price has broken the downward trend line strongly and pullback . It is possible to form an ascending channel, and the price can grow to the top of the channel.
The price has broken the downward trend line strongly and pullback . It is possible to form an ascending channel, and the price can grow to the top of the channel.
π3π2
#SXP
The price is completing the flag pattern. After exiting the pattern ,the price can grow up to the resistance level of $0.32.
The price is completing the flag pattern. After exiting the pattern ,the price can grow up to the resistance level of $0.32.
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#SXP price is in a descending channel. It recently broke the dynamic resistance. Considering the uptrend of the market and retesting the resistance, the price can easily rise to $0.3888.
If the price returns to the area below the broken resistance, there is a possibility that the price will fall to the bottom of the channel.
If the price returns to the area below the broken resistance, there is a possibility that the price will fall to the bottom of the channel.
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The price is moving in a bearish channel on a daily time frame and is adhering to it well.
Observations show #SXP charting lower highs and lower lows coupled with decreasing volume hinting at a loss of momentum. If #SXP maintains support at $0.2900 yet continues its downward trajectory, we anticipate hitting the projected support zone at $0.2500 next.
Conversely, if #SXPUSDT holds its support and swings back into the channel, it may suggest a bullish counter attempt. In this case, the price could ascend towards the significant resistance at $0.37.
A drop below essential level of $0.3000 - $0.2900 could signal the onset of a more profound bearish trend
Observations show #SXP charting lower highs and lower lows coupled with decreasing volume hinting at a loss of momentum. If #SXP maintains support at $0.2900 yet continues its downward trajectory, we anticipate hitting the projected support zone at $0.2500 next.
Conversely, if #SXPUSDT holds its support and swings back into the channel, it may suggest a bullish counter attempt. In this case, the price could ascend towards the significant resistance at $0.37.
A drop below essential level of $0.3000 - $0.2900 could signal the onset of a more profound bearish trend
π284β€77π₯31π―26π24
#SXP's price broken the support levels very strongly and quickly one after another, and now these levels become resistant for the price.
The price has reached the bottom of the descending channel formed in the daily time frame. The downward trend is still strong, but the volatility is expected to decrease a little, and the price will see a correction.
The level where the price is now is very important, and it can once again support the price well. In fact, the price is now moving almost in the areas of its historical price floor.
The price has reached the bottom of the descending channel formed in the daily time frame. The downward trend is still strong, but the volatility is expected to decrease a little, and the price will see a correction.
The level where the price is now is very important, and it can once again support the price well. In fact, the price is now moving almost in the areas of its historical price floor.
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#SXP is currently trading in a descending channel, but the price is approaching a key demand zone, setting the stage for a possible bullish breakout.
if #SXPUSDT taps into the critical demand level of $0.1950. Should the price maintain strong momentum here, we could see Price breaking through the descending resistance and targeting the major supply area at $0.3000 .
A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
However, falling below this level could signal a prolonged bearish trend, and #SXP will keep moving within a descending channel.
if #SXPUSDT taps into the critical demand level of $0.1950. Should the price maintain strong momentum here, we could see Price breaking through the descending resistance and targeting the major supply area at $0.3000 .
A successful breach above this supply area could lead to a significant bullish move, pushing the price towards a strong resistance zone.
However, falling below this level could signal a prolonged bearish trend, and #SXP will keep moving within a descending channel.
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#SXP Long Position Update entry at $0.3595
β Entering with 50% of our position size at this level.
Targets will be updated soonβstay tuned for further updates!
β Entering with 50% of our position size at this level.
Targets will be updated soonβstay tuned for further updates!
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#SXP remains in a strong downtrend, repeatedly rejecting from a descending trendline.
The price is testing key horizontal support at $0.16, with no bullish momentum yet visible.
If this support breaks, the next bearish target lies around $0.13β$0.12.
A confirmed break above $0.255 would be needed to shift momentum bullish.
Until then, pressure remains to the downside with continuation likely.
The price is testing key horizontal support at $0.16, with no bullish momentum yet visible.
If this support breaks, the next bearish target lies around $0.13β$0.12.
A confirmed break above $0.255 would be needed to shift momentum bullish.
Until then, pressure remains to the downside with continuation likely.
π570π―333π₯289β€147