🚀 $SXP /USDT EARLY BULLISH REVERSAL — PRESSURE BUILDING FOR A STRONG BREAKOUT! 🚀
$SXP has pushed +7–8% and reclaimed the MA(7), signaling the first signs of a bullish shift after a long downtrend. Buyers are stepping in around the 0.053–0.056 demand zone, and the current hold above 0.060 shows strength. Momentum is improving, and if price holds above 0.060, an impulsive breakout toward higher resistance zones is likely.
📈 TRADE SETUP (LONG)
Entry Zone: 0.0580 – 0.0605
Take Profit 1: 0.0650
Take Profit 2: 0.0870
Take Profit 3: 0.1080 – 0.1300
Stop Loss: 0.0535 (below recent low & demand zone)
📊 SHORT MARKET OUTLOOK
SXP is trading right on MA(7) = 0.0600, but still far below MA(25) = 0.0793 and MA(99) = 0.1273. This means the move is an early bullish reversal with room to expand.
A breakout above 0.0652 will confirm continuation toward the next major resistance at 0.0870, and reclaiming 0.087 would open the door toward 0.108–0.130, where historical supply sits.
Increasing volume (24M+) supports the bullish case and signals accumulation at the bottom.
Trend: Early Bullish Reversal
Momentum: Strengthening
Key Support: 0.053–0.056
Major Resistance: 0.065 → 0.087 → 0.108
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