$SXP has formed a strong foundation after an impulsive move, followed by healthy consolidation above the breakout zone. The price is now regaining momentum with higher lows, indicating that buyers firmly control the situation. As long as this structure remains, a continuation to recent highs remains the preferred scenario.

SXP

Trade Setup (Long)

Entry Zone: 0.0600 – 0.0615

Targets:

0.0650

0.0700

Stop-Loss: 0.0578