RB Trader Official
--
Bullish
$SXP BULLISH PRICE ANALYSIS
$SXP has just shown a strong impulsive breakout candle from the lower consolidation zone, and the market is now stabilizing with small bullish candles right above the breakout level. This type of structure usually reflects fresh buyer strength entering the market after a sharp push upward.
If price continues holding above the breakout base, we can expect another move to the upside. Any minor pullback toward the entry zone will only strengthen the bullish setup.
Entry Zone: 0.0525 – 0.0532
TP1: 0.0550
TP2: 0.0565
SL: 0.0505
Risk Management: Use strict stop loss and avoid oversized positions when volatility increases.
#SXP #CryptoTrading
$SXP has just shown a strong impulsive breakout candle from the lower consolidation zone, and the market is now stabilizing with small bullish candles right above the breakout level. This type of structure usually reflects fresh buyer strength entering the market after a sharp push upward.
If price continues holding above the breakout base, we can expect another move to the upside. Any minor pullback toward the entry zone will only strengthen the bullish setup.
Entry Zone: 0.0525 – 0.0532
TP1: 0.0550
TP2: 0.0565
SL: 0.0505
Risk Management: Use strict stop loss and avoid oversized positions when volatility increases.
#SXP #CryptoTrading
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.