$SXP is showing signs of bullish continuation after holding a strong support zone and forming higher lows on the lower timeframes. The price structure suggests accumulation followed by a potential breakout if buyers maintain momentum. Increasing trading volume and steady recovery from the recent dip indicate that bulls are gradually taking control.

The pair is currently consolidating near a short-term resistance area. A clean breakout above this zone can trigger the next bullish leg as liquidity sits above the recent highs.

Bullish Scenario:

If price sustains above the support region and breaks the local resistance, momentum can accelerate toward the next supply levels.

Targets (TP):

TP1: 0.0245

TP2: 0.0260

TP3: 0.0280

Stop Loss (SL):

0.0204

#cryptoanalysis #cryptotrading #tradingstrategy #altcoins $SXP

SXP

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