SXP Explodes 34%! 🚀 From All-Time Low to Top Gainer.
Is the Solar ($SXP) Eclipse Over? Massive 34% Recovery Today! ☀️
While the market was focused on PEPE
$SXP just delivered a massive shock to the system! After hitting an all-time low of $0.0191 yesterday, Solar has just "verticalized" back to $0.0260. 📈
Why the sudden pump?
🔥 The "Oversold" Bounce: SXP was trading at historically low levels, with technical indicators screaming "Oversold" on daily timeframes. This pump represents a massive short-covering rally.
🔥 Speculative Rotation: As meme coins like PEPE consolidate, retail capital is rotating into distressed "high-utility" projects that have been beaten down too far.
🔥 DAXA Monitoring Window: The project is currently under a 30-90 day monitoring period following recent warnings. Traders are betting on a positive technical update to the Core 5.0 protocol to clear its name.
Risk Warning: ⚠️
Binance has marked SXP as a "Monitoring Gainer" with a volatility warning. Trading support is still under review by major exchanges, so play this one with tight stop-losses.
My Take: If SXP can hold the $0.0250 level as support, the next target is $0.0300. If it fails, we may retest the $0.0210 moving average.
Are you chasing this pump or waiting for the "Caution" tag to be removed? 👇
