$SXP
Outstanding trading opportunity – SXP/USDT 🚀
📊 Signal strength: Very good ✅✅
📍 Ideal entry area (buy zone): 0.0650 - 0.0670
🎯 Profit taking targets:
Target 1: 0.0700 ✅
Target 2: 0.0720 ✅
Target 3: 0.0740 ✅
Target 4: 0.0760 ✅
⛔ Stop loss: 0.0630
📊 Technical analysis supports the trade:
4-hour timeframe (overall trend):
•📉 EMA 50 (0.0682) below EMA 200 (0.0923) → Major downtrend
• 📊 RSI(21) at 51.57 → Completely neutral zone
• 📈 MACD positive (0.0033) → Developing bullish momentum
• 📉 Volume below average → Weak participation
1-hour timeframe (current wave):
•📈 Price (0.0673) above EMA(21) at 0.0658 → Uptrend
• 📊 RSI(14) at 54.99 → Neutral zone
• 📉 MACD negative (-0.0014) → Slight selling pressure
• 📉 Volume much lower than average → Severe interest weakness
15-minute timeframe (entry point):
•📉 Price (0.0673) below EMA 9 (0.0691) → Short-term correction
• 🚨 RSI(7) at 27.20 → Extremely oversold
• 📉 MACD negative (-0.0003) → Continued downward pressure
🎯 Catalyst:
Strong rise of +26% followed by a healthy correction with extreme oversold on the 15M timeframe
⚠️ Important alert:
Breaking 0.0630 → Invalidates the signal and targets 0.0600
✨ Summary:
👉 Buy trade to benefit from the rebound after the strong rise ✅
Target 0.0700 - 0.0760
Very good signal for a rebound trade with strong short-term oversold!
💡 Enter at support 0.0650-0.0670 with partial closure at 0.0700
📌 Trading is your responsibility – #crypto
